MinhT1
Expert Alumni

Deductions & credits

If you receive a form 1099-MISC for Health insurance premiums, then you aren't considered as self-employed and don't need to file a Schedule C. There's no self-employment tax and these health insurance premiums aren't deductible as Self-employed health insurance premiums, but as Medical expenses if you itemize deductions.

 

In TurboTax, enter your form 1099-MISC and follow the interview until you arrive at the page titled Did this involve an intent to earn money?. Answer that this did not involve an intent to earn money. The amount will be reported as Miscellaneous income and will not be subject to Self-employment tax.

 

In TurboTax, there is a work-around. Although you may receive this income every year, say that you only receive the 1099-MISC only in 2023, not in previous years, and not in 2024, you will then have the screen where you can say that it didn't involve an intent to earn money.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"