Question

Cobra self employed

Forum|Forum|3 years ago
March 7, 2023
1 reply
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If I am currently on Cobra from a former job and I pay those premiums, can I deduct those premiums as self employed insurance cost? What do I do with the 1095-C form that came from the former employer?

Not A Product Question

M

MAK70

Yes you can deduct the premiums as long as your spouse (if you have one) does not have medical coverage available through her employer. You do not have to do anything with the 1095-C for your tax return.