I was an employee for part of the year and paid health insurance premiums. Then i became self-employed, and paid $0 for a state medicare plan. Can i deduct the premiums?

Cosmo · ‎June 1, 2019

I was an employee for part of the year and paid health insurance premiums. Then i became self-employed, and paid $0 for a state medicare plan. Can i deduct the premiums? My guess would be that i can only deduct premiums that i paid during the period of time when i was self-employed.

TaxGuyBill · ‎June 1, 2019

No.

As you said, you can only deduct the premiums while you were self employed.

Also, if you are eligible for employer-subsidized insurance, that disqualifies claiming the Self Employed Health Insurance Deduction. For another point, if your insurance was through your employer, that is already pre-tax so it doesn't qualify for a tax deduction.

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I was an employee for part of the year and paid health insurance premiums. Then i became self-employed, and paid $0 for a state medicare plan. Can i deduct the premiums?

Deductions & credits