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Returning Member
posted Mar 18, 2020 11:41:02 AM

Elective Ohio Worker's Compensation Coverage Deductibility

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2 Replies
Expert Alumni
Mar 18, 2020 12:17:41 PM

Are you referring to the Ohio Bureau of Workers' Compensation Deductible Program? If so, please click here to learn more about this program and how to apply.

Returning Member
Mar 19, 2020 10:00:21 AM

I would like to know if the amount of workers compensation insurance that I paid for myself in 2019 as an elective coverage member of a single owner LTD company is a deductible expense on my Schedule C and also if it could be considered self-employment insurance.  I have one employee that I do deduct as Workers Comp Insurance, but I wasn't sure if I could deduct the amount I pay for myself.  Thanks!