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oldgrove
New Member

I paid cobra premiums to previous employer and I had schedule c income, can I deduct this?

 
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WillK
Intuit Alumni

I paid cobra premiums to previous employer and I had schedule c income, can I deduct this?

Yes you can deduct the medical premiums you paid for your Cobra coverage. If you were self-employed at the time that the premiums were paid, this would go as self-employed insurance. If you were not self-employed when the premiums were paid then it would be an itemized schedule A deduction. 

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WillK
Intuit Alumni

I paid cobra premiums to previous employer and I had schedule c income, can I deduct this?

Yes you can deduct the medical premiums you paid for your Cobra coverage. If you were self-employed at the time that the premiums were paid, this would go as self-employed insurance. If you were not self-employed when the premiums were paid then it would be an itemized schedule A deduction. 

**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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