Hi - how do I deduct health insurance premiums I paid for privately purchased health insurance using the self-employed tax package?

[KatrinaB · Accepted solution]

Follow the directions below to report your self-employed health insurance premiums.

• Search for Schedule C and select the Jump to link.
• If this is your first time entering info about your self-employment work, you’ll be asked some initial questions before coming to the Expenses section.
  • If you previously entered info on your self-employment work, just select Edit next to the type of work you entered previously. Scroll down to the Expenses section and select Add expenses for this work.
• Select Less Common Expenses to show all expense categories. Select Health insurance premiums and then select Continue.
• On the Tell us about health insurance premiums for your [business] work, enter the total amount of health insurance premiums you paid.