Self Employed, medicare premiums

Forum|Forum|10 months ago
November 14, 2025
4 replies
210 views

I am self employed and I understand I can deduct my medicare premiums on schedule 1 line 17, but turbotax doesnt add anything to that line. Is there something else I should be doing?

TurboTax Home & Biz Windows

Best answer by VolvoGirl

Self-employed health insurance deduction goes on Schedule 1 line 17 (which goes to 1040 line 10), as long as the expense is not greater than your net self-employment income. If it does exceed your net self-employment income it gets split automatically. An amount equal to your net self-employment income goes on Schedule 1 and the remainder gets added in to medical expenses on Schedule A.

It will not show up on Schedule C and not reduce any SE Tax on a net profit. It just reduces your AGI if you itemize on Schedule A.

Where did you enter the Medicare premium? Medicare plan B payments are qualified as Self-employed medical insurance premiums and should be entered under Business instead of in the SSA-1099 Social Security Benefits section.

Go back and delete it from the SSA-1099 entry screen. Try going to the search box by My Account and type in Social Security Benefits. That will give you a Jump To link to take you directly to it.

VolvoGirlAnswer

Level 15

It will not show up on Schedule C and not reduce any SE Tax on a net profit. It just reduces your AGI if you itemize on Schedule A.

Go back and delete it from the SSA-1099 entry screen. Try going to the search box by My Account and type in Social Security Benefits. That will give you a Jump To link to take you directly to it.

KRivers

Level 2

When did the IRS implement this deduction?

AmeliesUncle

Level 15

@KRivers wrote:
When did the IRS implement this deduction?

2012.

VolvoGirl

Level 15

Oh I forgot to post where to enter it, For Home & Business…..
On the Business tab Click on Business Income and Expenses Update
Click on Edit by your Business
Then under Business Expenses
Go to Other Common Expenses - Insurance Payments