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October 27, 2021
Question

Health Insurance Where to Post

  • October 27, 2021
  • 1 reply
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There seems to be 2 options for Health Insurance for self-employed.

Do the affordable care act premiums get added into general health expenses?

    1 reply

    October 27, 2021

    If you are self-employed, you may be eligible to deduct premiums that you pay for medical, dental and qualifying long-term care insurance coverage for yourself, your spouse and your dependents.

    • This health insurance write-off is entered on page 1 of Form 1040, which means you benefit whether or not you itemize your deductions.

    Here is great information on deduction health insurance premiums if you're self-employed.

    https://turbotax.intuit.com/tax-tips/home-ownership/deducting-health-insurance-premiums-if-youre-self-employed/L6bRhLaVE

     

    I hope you find this helpful!

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