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The answer is most likely going to be found between your Schedule C and Schedule 1.  

Your premium deduction cannot be more than your taxable income minus deductions from 1/2 self-employment deduction and SEP, SIMPLE and qualified plan deductions on Schedule 1.  Start by looking at line 31 of your schedule C.  This will tell you your net profit or loss.  If it is a loss, you cannot deduct anything.  If you show a profit, then this is the maximum amount you can deduct. However, this amount will be further reduced by the amount on line 27 of your Schedule 1.

Example.

Your total premiums paid were $10,000 but your net profit was $4,000 and 1/2 of your SE tax was $312, your self-employed health insurance deduction would be limited to $3,688.

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