I have an S-Corporation, which is a Signatory Producer with SAG-AFTRA. This allows the S-corp to book SAG-AFTRA session work, paying its session vocalists who are affiliated with SAG-AFTRA wages based on SAG-AFTRA scale. I am President and the sole Shareholder of my S-corp, and I'm also a SAG-AFTRA performer. So my S-corp "loans me out" to production companies, who pay the S-corp. for my vocal services. My S-corp in turn pays me (W-2 wages as an employee of my S-corp) for those sessions. My S-corp also pays Health & Retirement contributions to the SAG-AFTRA Health & AFTRA Retirement Plans, the percentages of which is calculated based on the earnings I made for a given session. If I, as a performing member of SAG-AFTRA, make enough "qualified earnings" on these SAG-AFTRA sessions in a given 12-month earnings cycle, I become eligible for participation in the SAG-AFTRA Health plan. When I have qualified, at that point I am enrolled in 12 months of the SAG-AFTRA health plan, which then requires me to pay quarterly insurance premiums for the health coverage. SAG-AFTRA states the health play is "a self-funded ERISA plan and therefore not subject to state-mandated
insurance laws." I also have a Schedule C sole-proprietorship business. My question is, may I deduct the quarterly health insurance premium payments I make as a self-employed person, or even somewhere else on the Form 1040. since I have some schedule C income as well?
