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Self-employed health insurance deduction goes on Form 1040 Schedule 1 line 16, as long as the expense is not greater than your Net Profit on schedule C individually. If the Insurance is more than your Net Profit on each of your Schedule Cs you can split it up and enter it on each schedule C so you don't go over the net profit on either one.
Self-employed health insurance deduction goes on Form 1040 Schedule 1 line 16, as long as the expense is not greater than your Net Profit on schedule C individually. If the Insurance is more than your Net Profit on each of your Schedule Cs you can split it up and enter it on each schedule C so you don't go over the net profit on either one.
Thank you very much for the response, Volvo girl.
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