How do I deduct health insurance premiums from my taxes when I am self-employed?

We are losing my wife's health insurance and are going to be taking out a private health insurance policy. I am self-employed and think I can deduct the premiums from my taxable income.

Does anyone know if that is the case? I would appreciate anyone who could point me in the right direction.

yes, next year when you file (or later in the year, if you file quarterly for business purposes) you can deduct that as part of your self employment expenses. I am self employed (but not insured) and when i just recently filed i remember seeing that as one of the deduction lines, along with other expenses.

How do I deduct health insurance premiums from my taxes when I am self-employed?


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12 Responses to “How do I deduct health insurance premiums from my taxes when I am self-employed?”

  1. Ms know it all says:

    i don't have the links but you can even check on google health insurance include all including dental care...

  2. gotjosh says:

    Eliminating corruption, poverty and enforcement of rule of law will set the country back in the right direction.#Good leadership

  3. dorigo says:

    Hi Daniel,

    No, these results do not constrain enough the parameter space... But they are a step in the right direction.

    Hi Michael,

    yes, it looks odd that they do not show they understand the very distribution from which they extract their signal. I guess there is more in the analysis justifying their procedures, which the speaker could not convey during the talk.

    Cheers,
    T.

  4. bookofjoe says:

    Private Health Insurance | How Would A Universal Health Care Public Option Put Private Health Insurance Out Of...

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    Just look my twitter name! I've been trying o change it! Tho it was for business purposes only! -

  6. vinnyvero says:

    that will cover maybe 25% of your health insurance costs. Do YOU like that?

  7. Aki Hashmi says:

    History tells us that health insurance premiums should not be going up as fast -

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  9. diridi says:

    These GOPers are going to lose like crazy....it is 2012 prediction....Obama is going to be another term president. Nation is going in right direction....it is focusing on Manufacturing, and Agriculture....etc., exports to emerging markets....o.k...yes, it is now going in right direction......colleges are reducing tuition and other expenses..Immigration is restricted...etc., .

  10. Twitter says:

    States Face Challenges In Controlling Health Insurance Premiums – Gant Daily

  11. RT rel="nofollow" rel="nofollow" rel="nofollow" That means 15% think "headed off a cliff" is the right direction. Lemmings?

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