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Business & farm
To enter your self-employed health insurance deduction in TurboTax Onine, please follow these steps:
- Click on Income and Expenses and then click the Start/Revisit box in the Self-Employment section.
- On the Here's your [business] info screen, click on the box Add expenses for this work.
- On the Tell us about any expenses screen, scroll down through the categories, mark the radio button next to Health Insurance Premiums and click Continue at the bottom of the screen.
- Enter the total health insurance premiums paid on the next screen, Tell us about health insurance premiums…
The premiums will show as a deduction from your gross income on line 16 of Schedule 1 on form 1040 [self-employed health insurance deduction].
March 10, 2020
11:43 AM