Can I deduct the insurance I purchase for my practice?

To enter your business insurance on your Schedule C, please follow the instructions below:

1. Open your return.
2. Search Schedule C with the magnifying glass tool.
3. Select the Jump to link at the top of the search results.
4. Click Review next to your self-employment business.
5. Click Add Expenses for this work on the page Here's your XXX info
6. Scroll down to Less Common Expenses.
7. Scroll until you see Business Insurance.
8. Click Add. Click Continue.
9. Click Start next to Business Insurance.
10. Follow the on-screen instructions.