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Question
is health insurance deductible if im self employed?
Date Asked:
April 5, 2021
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.
Date answered:
April 5, 2021

Melissa Pedigo, CPA

Melissa Pedigo has been a CPA for over 20 years and she is one of the only CPA copywriters in the world. With a vast knowledge of U.S. tax and accounting, she’s able to write about tax and finance topics from a unique perspective...as an industry expert. When she’s not writing or being an accounting nerd, you’ll find her watching and playing tennis, reading, tending to her half-grown garden, and studying foreign languages

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