turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can I claim my insurance premiums (medical & dental for self & spouse - retiree benefit, and medicare) as medical expenses (I also earn 1099 income as a consultant) ?

Retiree medical/dental for me, secondary to Medicare, and for spouse, primary.

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

Can I claim my insurance premiums (medical & dental for self & spouse - retiree benefit, and medicare) as medical expenses (I also earn 1099 income as a consultant) ?

If you are receiving Social Security benefits, the Medicare premiums that have been deducted from your Social Security are already on your SSA1099. When you enter the SSA1099, those amounts flow to the medical expense section. Do not enter those a second time.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Can I claim my insurance premiums (medical & dental for self & spouse - retiree benefit, and medicare) as medical expenses (I also earn 1099 income as a consultant) ?

Yes, you can deduct the medical insurance premiums for yourself and your wife as a business expense if you have income as a consultant/independent contractor,  You will enter them in the Business expense section of TurboTax.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can I claim my insurance premiums (medical & dental for self & spouse - retiree benefit, and medicare) as medical expenses (I also earn 1099 income as a consultant) ?

Thank you. Does that include Medical, Dental, & Vision?

AliciaP1
Expert Alumni

Can I claim my insurance premiums (medical & dental for self & spouse - retiree benefit, and medicare) as medical expenses (I also earn 1099 income as a consultant) ?

This is a very old thread.  You can no longer deduct self-employed medical premiums directly on your Schedule C.  You can enter your medical premiums including dental and vision in the Self-employed Health Insurance Deduction section in TurboTax.  

 

To enter your premiums for Self-employed Health Insurance you can follow these steps:

  1. Within your tax return, on the Wages & Income screen, scroll down to Other Business Situations
  2. Click Start for Self-Employed Health Insurance Paid and enter your premiums as the business owner

@zms0014gmailcom 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies