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jimbaeker
Returning Member

Self-employed insurance deductions

I earned money as self-employed during 2019. I also paid for FEHB health insurance premiums that I was able to keep as a federal government employee retiree. As a retiree I pay my premiums using after-tax dollars (while I was still working for the federal government the premiums were paid with pre-tax dollars).

My question is, can I include my premium payments as an adjustment to income (line 8a of form 1040 for 2019, taken from schedule 1, line 22) because of my self-employment?  My income from self-improvement exceeds the amount paid for my health insurance premiums.

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1 Reply
BillM223
Expert Alumni

Self-employed insurance deductions

Yes. It doesn't particularly matter what the health insurance is, so long as it is not employer-sponsored (i.e., employer-funded). This same thing would be true if you were paying COBRA for your ex-employer's insurance plan.

 

The actual line is line 16 on Schedule 1 (1040) (line 22 is the total).

 

Please see this TurboTax Help screen for how to enter it.

 

 

 

 

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