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Anonymous
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Do I list my Long Term Care insurance on my self-employment form, my medical deduction form, or both?

 
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PaulaM
Expert Alumni

Do I list my Long Term Care insurance on my self-employment form, my medical deduction form, or both?

Deduct the long-term care insurance premiums under your business, not as an itemized deduction. See links below.

https://www.irs.gov/publications/p535/ch06.html

https://turbotax.intuit.com/tax-tools/tax-tips/Self-Employment-Taxes/Deducting-Health-Insurance-Prem...

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PaulaM
Expert Alumni

Do I list my Long Term Care insurance on my self-employment form, my medical deduction form, or both?

Deduct the long-term care insurance premiums under your business, not as an itemized deduction. See links below.

https://www.irs.gov/publications/p535/ch06.html

https://turbotax.intuit.com/tax-tools/tax-tips/Self-Employment-Taxes/Deducting-Health-Insurance-Prem...

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