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Not applicable
posted Jun 1, 2019 12:10:45 AM

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

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1 Best answer
Employee Tax Expert
Jun 1, 2019 12:10:46 AM

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...

1 Replies
Employee Tax Expert
Jun 1, 2019 12:10:46 AM

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...