MinhT1
Expert Alumni

Get your taxes done using TurboTax

Although you enter your health insurance and long-term care premiums in the expense section of your Schedule C, they don't appear on Schedule C.

 

They are transferred to Part II line 17 of Schedule 1 of form 1040 (self-employed health insurance deduction) as an above-the-line deduction which lowers your taxable income.

 

The deduction is limited to the amount of net income (profit) of your business.

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