Question

Self employed health insurance premiums

Forum|Forum|1 year ago
March 27, 2025
2 replies
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I have TT Home and Business pc version.

Where do I enter self employed health insurance premiums and health insurance expenses?

When I select Less common business situations/Self-employed Health Insurance/update, my only option is to hit continue, which then takes me back to the previous page. I am never prompted to enter any expenses?

Thanks,

Ken

TurboTax Home & Biz Windows

V

Vanessa A

You will deduct this in the Business expenses section. When you are in your business profile select the following:

Business Expenses
Other Common Business Expenses
Start next to Insurance Payments.

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VolvoGirl

That sounds right. You should call support.

Where to enter Self Employed Health Ins. (For Online you need the Premium version).

https://ttlc.intuit.com/community/entering-importing/help/where-do-i-enter-my-health-insurance-premiums-if-i-m-self-employed/00/27111

For your own health insurance you need a Net Profit of Schedule C . And it does not go directly on Schedule C so it won’t reduce your Schedule C profit or the self employment tax.

If your health ins exceeds your net self-employment income it gets split. An amount equal to your net self-employment income goes on Form 1040 Schedule 1 line 17 (to 1040 line 10) and the remainder gets added in to medical expenses on Schedule A.