I can't find anywhere in turbotax to enter my self-employed WA State FMLA premiums. I'm wondering if I can enter these as a business expense/deduction - but I'm unsure where I would put these or how to find out if they are deductible.
Thanks for any help
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For self-employed health insurance premiums, follow these steps to enter them in the Home & Business version:
Additional Information for Self Employed Insurance
If you are self-employed, you may be eligible to deduct premiums that you pay for medical, dental and qualifying long-term care insurance coverage for yourself, your spouse and your dependents.
Thank you for the reply - but I am looking for but paid family and medical leave information, not 'insurance'. The taxes I pay to this quarterly as a self-employed individual in WA state.
Are these family and medical leave (FMLA) taxes/premiums deductible for my self employed/sole proprietor business??
In the state of Washington, employers can provide paid family and medical leave benefits either through the state-run program, or purchase a voluntary private plan that provides benefits equal to or greater than the state minimum requirements. But self-employed individuals are exempt.
IRS Pub. 535, states, "You can’t deduct premiums for a policy that pays for lost earnings due to sickness or disability."
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