You'll need to sign in or create an account to connect with an expert.
Self-Employed health Insurance premiums are not included on your return as a business expense. Instead, they are shown as an above the line deduction on Schedule 1 line 17 and then entered on line 8 as a sum total of all income and adjustments on your form 1040 line 8.
Just remember, the Self-Employed Health Insurance deduction is limited to your earnings. Meaning, you cannot deduct more than you earned.
The health insurance premiums will be entered on Schedule 1 Line 17. The totals from Schedule 1 Part II Line 26 flows to Form 1040 Line 10 as an Adjustment to Income.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
sbutler210
New Member
Yomama3
New Member
taxes1329stratfo
New Member
Gary2173
New Member
bradley-e-stark
New Member