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Business & farm
I would like to know if the amount of workers compensation insurance that I paid for myself in 2019 as an elective coverage member of a single owner LTD company is a deductible expense on my Schedule C and also if it could be considered self-employment insurance. I have one employee that I do deduct as Workers Comp Insurance, but I wasn't sure if I could deduct the amount I pay for myself. Thanks!
March 19, 2020
10:00 AM