self employment deductions

Forum|Forum|8 years ago
April 17, 2018
2 replies
17 views

Schedule C has line 15 for SE health Insurance. but form 1040 also has line 29 for self-employment health insurance. which is correct?

BillM223

Level 15

Note that line 15 on Schedule C is labeled (on the form) as "Insurance (other than health)".

Your self-employed health insurance deduction belongs on line 29 on page 1 of the 1040.

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LindaA

Level 10

These are not the same thing. Schedule C line 15 is where you enter business insurance premiums, not health insurance. Form 1040 line 29 is where you enter health insurance premiums you paid for yourself, your spouse, and your dependents.

Note: Schedule C line 14 is where you include health insurance premiums you paid for your employees, if applicable.

self employment deductions

2 replies

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