topic Joint return and both self Employment Health insurance deduction in Self employed

Joint return and both self Employment Health insurance deduction

wrtaylor79 — Fri, 07 Mar 2025 22:51:46 GMT

If both persons are self employed can you split the insurance premium between business?

Person A has Income of $10,000. but only has Health Insurance of $5,000.

Person B has income of $3,000, but has Health Insurance of $10,000.

Can Person A claim $10,000 on insurance, and Person B claim $5,000?

Thanks in advance.

KrisD15 — Fri, 07 Mar 2025 22:56:22 GMT

If you each have health insurance, then neither have a family plan, so neither can be shared.

wrtaylor79 — Fri, 07 Mar 2025 23:10:32 GMT

Thank you as the IRS publication was not clean, but what you are saying makes sense.