Ask an Accountant
A free tool by
Question
is health insurance deductible if im self employed?
AI accountant’s answer:
Yes generally that is correct. There are some exceptions though. For example, health insurance cannot be deducted if you are eligible to participate in an employer-subsidized health plan or if you do not have enough self-employment earned income to cover the health insurance expense.
No answer given yet!
Answer
Yes generally that is correct. There are some exceptions though. For example, health insurance cannot be deducted if you are eligible to participate in an employer-subsidized health plan or if you do not have enough self-employment earned income to cover the health insurance expense.
No answer given yet!
Melissa Pedigo, CPA
No items found.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Oops! Something went wrong while submitting the form.
Track and claim every eligible deduction with Keeper
Keeper is the top-rated all-in-one business expense tracker, tax filing service, and personal accountant.