topic In what year are deductible self-employment health care insurance premiums reported (if different: date of payment, or year of coverage)? in Get your taxes done using TurboTax

In what year are deductible self-employment health care insurance premiums reported (if different: date of payment, or year of coverage)?

e36auto — Mon, 03 Jun 2019 20:08:24 GMT

In Schedule C, Other Business Expenses, in what year are deductible self-employment health care insurance premiums reported? I am in a situation where I had to buy my own health insurance for 2019 health coverage. One of those premiums had to be paid in December 2018. I was self-employed in the later part of 2018. Can I take the December 2018 premium deduction in my 2018 taxes, or do I have to wait till 2019?

date of payment

Anonymous — Mon, 03 Jun 2019 20:08:26 GMT

date of payment

Thank you!

e36auto — Mon, 03 Jun 2019 20:08:27 GMT

Thank you!

the health insurance is not a deduction for schedule C....

Anonymous — Mon, 03 Jun 2019 20:08:30 GMT

the health insurance is not a deduction for schedule C. in schedule c or interview mode there should be something about self-employed health insurance. if done properly and you have enough schedule c income (schedule C income reduce by 1/2 the se tax and contributions to self-employed retirement plan) , the deduction should appear on line 29 of form 1040

OK. Thanks.

e36auto — Mon, 03 Jun 2019 20:08:31 GMT

OK. Thanks.