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Level 3
December 31, 2022
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Deducting Amazon Required Insurance Premiums

  • December 31, 2022
  • 1 reply
  • 31 views

Hi.  Are the Amazon required insurance premiums deductible on line 15 of the Schedule C?  The insurance is something Amazon requires for sellers exceeding a certain gross in 1 month.  They call it "Commercial Liability Insurance".  My policy is through a company called Simply Business.  

    Best answer by DoninGA

    Line 15 is where you would enter the premiums paid for this insurance.

    1 reply

    DoninGA
    Level 15
    DoninGALevel 15Answer
    Level 15
    December 31, 2022

    Line 15 is where you would enter the premiums paid for this insurance.