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th1955-windstrea
New Member

Where do I enter info for self employment health insurance applicable to Schedule C?

 
2 Replies
Critter-3
Level 15

Where do I enter info for self employment health insurance applicable to Schedule C?

  • You’ll enter the premiums as a business expense, under Income & Expenses.
  • Type “Schedule C” in the Search box and then select the “Jump to” link.
  • Now go to Health insurance premiums under the Less Common Expenses section. Note: If this is your first time entering info about your self-employment work, you’ll be asked some initial questions before coming to the expenses section. If you previously entered info on your self-employment work, you can pick up from there - just click Edit next to the type of work you entered previously, and then scroll down to the Expenses section.
VolvoGirl
Level 15

Where do I enter info for self employment health insurance applicable to Schedule C?

Self Employed health Insurance does not go directly on Schedule C so it will not reduce your Net Profit or self employment tax.

 

If your health ins exceeds your net self-employment income it gets split. An amount equal to your net self-employment income goes on Form 1040 Schedule 1 line 16 and the remainder gets added in to medical expenses on Schedule A.

 

Where to enter Self Employed Health Ins

https://ttlc.intuit.com/community/entering-importing/help/where-do-i-enter-my-health-insurance-premi...

 

Can I deduct health ins when Self Employed?

https://ttlc.intuit.com/community/credits-and-deductions/help/can-i-deduct-my-health-insurance-premi...

 

Deducting Health Ins If you are Self Employed

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

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