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chascorey
New Member

Can I, as a self employed taxpayer, deduct my spouse's health insurance premiums specifically Medicare part D premiums, Medicare supplement insursance, and dental?

 
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TomD8
Level 15

Can I, as a self employed taxpayer, deduct my spouse's health insurance premiums specifically Medicare part D premiums, Medicare supplement insursance, and dental?

Yes. If you were self-employed and had a net profit for the year, you may be able to deduct, as an adjustment to income, amounts paid for medical and qualified long-term care insurance on behalf of yourself, your spouse, your dependents, and your children who were under age 27 at the end of 2018.  

You can include  Medicare Part D and supplemental premiums, qualified long term care insurance premiums, and dental insurance premiums.  

In TurboTax H&B, self-employed health Insurance premiums for yourself & family are entered under Business Expenses > Other Common Business Expenses > Insurance Payments > Health Insurance Premiums.

https://turbotax.intuit.com/tax-tips/home-ownership/deducting-health-insurance-premiums-if-youre-sel...

For full details on this deduction, see this IRS reference:  https://taxmap.irs.gov/taxmap/pubs/p502-011.htm

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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2 Replies
TomD8
Level 15

Can I, as a self employed taxpayer, deduct my spouse's health insurance premiums specifically Medicare part D premiums, Medicare supplement insursance, and dental?

Yes. If you were self-employed and had a net profit for the year, you may be able to deduct, as an adjustment to income, amounts paid for medical and qualified long-term care insurance on behalf of yourself, your spouse, your dependents, and your children who were under age 27 at the end of 2018.  

You can include  Medicare Part D and supplemental premiums, qualified long term care insurance premiums, and dental insurance premiums.  

In TurboTax H&B, self-employed health Insurance premiums for yourself & family are entered under Business Expenses > Other Common Business Expenses > Insurance Payments > Health Insurance Premiums.

https://turbotax.intuit.com/tax-tips/home-ownership/deducting-health-insurance-premiums-if-youre-sel...

For full details on this deduction, see this IRS reference:  https://taxmap.irs.gov/taxmap/pubs/p502-011.htm

**Answers are correct to the best of my ability but do not constitute tax or legal advice.
barbara4
New Member

Can I, as a self employed taxpayer, deduct my spouse's health insurance premiums specifically Medicare part D premiums, Medicare supplement insursance, and dental?

The software does not let me deduct spouses even though the schedule c income is much higher than the deduction.

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