AHelper
Expert Alumni

Self employed

Hi AdamNe,

 

For overall expenses I highly recommend checking out IRS Small Business and Self-Employed Tax Center 

 

You can reimburse yourself and for your wife's insurance if you include it in your taxable benefits and talk to the Marketplace first to make sure they know it is a Self-Employed plan. This goes into more detail on how that works. 

Deducting Health Insurance Premiums If You're Self-Employed 

The rules change quite a bit and frequently so keep an eye out for that in the news. Legal Zoom has a decent article on some of the recent changes Is a Health Insurance Premium Tax Deductible With LLC? 

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