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State tax filing
You can take the Deduction for Self-Employed Health Insurance on your Wisconsin return.
"If a deduction is taken for self-employed health insurance on line 17 of federal Schedule 1 (Form 1040 or 1040-SR) or on Schedule C or F, may an additional subtraction be taken for Wisconsin purposes?
Yes. The amount of medical care insurance paid is reduced by amounts paid with a premium assistance credit and amounts deducted from gross income in the calculation of federal adjusted gross income. The subtraction is further limited to Wisconsin income on line 7 of Form 1 or line 30 of Form 1NPR without considering the subtraction for medical care insurance."
More info from Wisconsin Dept. of Revenue.
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March 10, 2023
4:38 PM