03/12/2026
Time is running out to maximize your 2026 medical tax deductions! Did you know you can prepay health insurance premiums up to 12 months in advance and deduct the full amount this year? Or that bunching medical expenses into one year could save you thousands?
Key strategies to implement before December 31st:
✅ Prepay health and long-term care insurance premiums up to 12 months in advance
✅ Bunch medical expenses to exceed the 7.5% AGI threshold
✅ Maximize HSA contributions ($4,400 individual / $8,750 family for 2026)
✅ Deduct medically necessary travel and home modifications
✅ Leverage Colorado's unique $3,000 Medical Savings Account program (state tax benefit for non-self-employed W-2 workers)
Colorado residents have these unique opportunities to significantly reduce their tax burden while building healthcare wealth. Don't leave money on the table this tax season!
Our comprehensive guide breaks down proven strategies to maximize your medical deductions before December 31st.
Read our complete tax strategy guide: https://hubs.ly/Q046wTLr0