When deducting health insurance premiums on form 7206 as a self employed individual, do they need to be paid in the tax year?

RachelLyn915 — Wed, 26 Nov 2025 07:40:49 GMT

I am asking from two different angles.

1) The premium for January 2026 coverage will be paid in December 2025.

2) I received an aca tax credit that I now believe will be reduced when I file my taxes. Will I be able to then claim the difference that I will essentially be billed at tax time? Ex: Premiums actually paid in 2025 for 2025 coverage total $1000 and the Excess advance PTC repayment on form 8962 is $1000.... would you claim $1000 or $2000 on 7206?

Re: When deducting health insurance premiums on form 7206 as a self employed individual, do they need to be paid in the tax year?

NCperson — Wed, 26 Nov 2025 13:02:15 GMT

@RachelLyn915 see page 47. the answer to your question is not straight forward.

https://www.irs.gov/pub/irs-pdf/p974.pdf

topic When deducting health insurance premiums on form 7206 as a self employed individual, do they need to be paid in the tax year? in Deductions & credits

When deducting health insurance premiums on form 7206 as a self employed individual, do they need to be paid in the tax year?

Re: When deducting health insurance premiums on form 7206 as a self employed individual, do they need to be paid in the tax year?