My wife is a realtor and receives a 1099, does she qualify to receive a small business health insurance credit
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No, in order to get the small business health insurance credit you would need to have employees.
However, being self-employed you do qualify for the self-employed health insurance deduction. This reduces your AGI, in turn, reducing your taxable income. This is entered in the expense section of the self-employed area in TurboTax.
No, in order to get the small business health insurance credit you would need to have employees.
However, being self-employed you do qualify for the self-employed health insurance deduction. This reduces your AGI, in turn, reducing your taxable income. This is entered in the expense section of the self-employed area in TurboTax.
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