Deductions & credits

Thank you all for your responses. Dawn, thank you for your detailed answer. Your answer is consistent with the documentation I can find on this issue. The only 2 criteria seem to be that 1) I did not have access to any employer-subsidized health plan in any month of 2023 (neither I nor my wife had any other employer); and 2) my income/profits exceeded the cost of the premiums. I met both of those criteria for the full year. While not including health insurance premiums after April is an easy initial answer, I do not see any written basis for that being a requirement. 

 

Since I am a sole proprietor and my LLC did not cease to function after April (it still exists as a legal entity, collected additional income, paid additional estimated taxes, etc) and might be used again in the future if I take additional contracts, it seems reasonable to me that the business would cover my health insurance premiums through the end of 2023. 

 

Thanks again for the input!