topic Self employed health insurance premium in Deductions & credits

Self employed health insurance premium

eabdesigns — Tue, 04 Jun 2019 20:41:47 GMT

I am self employed and my wife works full time for another company. We have family insurance coverage through her employer and each month I reimburse her for my portion of the coverage. Am I able to deduct these premiums?

Probably not. If you are eligible for employer-subsidized...

TaxGuyBill — Tue, 04 Jun 2019 20:41:49 GMT

Probably not.

If you are eligible for employer-subsidized health insurance (almost all employer insurance is "subsidized"), you do not qualify for the Self Employed Health Insurance deduction.

Thank you TaxGuyBill

eabdesigns — Tue, 04 Jun 2019 20:41:50 GMT

Thank you TaxGuyBill