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Deductions & credits
Yes, you should be able to claim a deduction to the extent that your wife's self-employment showed a profit without any issues.
Since your wife is self-employed, you can claim a tax deduction for the health insurance paid for her, you and your dependents.
Please see the TurboTax Help article Can I deduct health insurance premiums if I’m self-employed? for more information.
March 18, 2021
7:13 AM