You can claim the SEHI (self-employed health insurance) deduction if you have positive net income on Schedule C for the tax year. Enter your premiums in the business expenses section, and TurboTax will give you the credit you are allowed. Any excess will go to Schedule A. Where to enter SEHI
As a self-employed person, you may be eligible to deduct health insurance premiums for yourself, your spouse, and your dependents. The policy can also cover your child under age 27, even if you’re not claiming them as a dependent. Keep in mind that you’re only eligible to claim the write-off for health insurance premiums during the months when you're not eligible to participate in any employer-subsidized health plan. This is known as the month-by-month eligibility rule.
If your self-employment activity is a sole proprietorship that generated a tax loss for the year, you’re not allowed to claim the deduction because your deduction can’t exceed the earned income you collect from your business. This is known as the earned income limitation rule.
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