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Deductions & credits
technically self-employed health insurance is not a business expense reported on schedule C. it's an adjustment to income reported on schedule 1. now if your M-I-L was an employee of your business the portion of medical insurance paid on her behalf would be a business expense. of course, that also would require you to pay her minimum wage and file w-2's and payroll tax returns.
‎February 20, 2022
5:36 PM