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I am self-employed. I get my health insurance through Covered CA. Can I deduct the health insurance premiums under my business expenses?

 
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Level 15

I am self-employed. I get my health insurance through Covered CA. Can I deduct the health insurance premiums under my business expenses?

When you enter the Form 1095-A you are asked if you are self-employed.  The software will enter your premiums in the proper location of the federal tax return.

 

To enter your Form 1095-A -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Deductions and Credits
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Medical
  • On Affordable Care Act (Form 1095-A), click the start or update button

Or enter 1095-a in the Search box located in the upper right of the program screen. Click on Jump to 1095-a