Self-Employed individuals can deduct both medical and long-term care premiums under their self-employed business. This is the appropriate section of TurboTax for these expenses.
To enter this in TurboTax for Desktop, go to your Schedule C Business Expenses summary page and click on All Other Expenses. Self-employed health insurance appears on the first page; long-term care insurance is on the next page.
If you're using TurboTax Online, go to your business, click on Add Expenses for This Work, then the arrow beside Less Common. Use the page numbers at the bottom until you find Long-term care insurance. Check the box and Continue. Then click Start beside Long-term care insurance to enter your premiums.
The Schedule C navigation for TurboTax for Desktop is more efficient, plus you can view the forms before you file. If you're using TurboTax Online, you may consider purchasing and installing the desktop version in the future.
In either version, you can use the magnifying glass in the upper righthand corner of TurboTax to search for "schedule c." This will bring up a "jump-to" link that goes directly to the start of that topic.
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