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Self-employed health insurance deduction

Dodgerfan
Level 3

Can you deduct monthly insurance premiums paid to the Marketplace as self-employed health insurance?

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1 Solution

Accepted Solutions
Karl
Level 8
Level 8

In Screen 39.2, halfway down, there's a section "SE Health Insurance."  That's where you can link it to a business.

Sometimes you get an informational diagnostic that it can't converge on the right answer, so you have manually calculate it (premiums paid, less credits received) and hard-key it in Screen 24.

*If this (or another answer/reply) solves your problem, please click "Accept as Solution" to get this post out of the "Unanswered" queue of posts.*

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2 Comments 2
sjrcpa
Level 15

Yes, net of any additional credit you receive on your tax return.


Ex-AllStar
Karl
Level 8
Level 8

In Screen 39.2, halfway down, there's a section "SE Health Insurance."  That's where you can link it to a business.

Sometimes you get an informational diagnostic that it can't converge on the right answer, so you have manually calculate it (premiums paid, less credits received) and hard-key it in Screen 24.

*If this (or another answer/reply) solves your problem, please click "Accept as Solution" to get this post out of the "Unanswered" queue of posts.*