Small Business Services
As A Sole-Proprietor, Are My Health Insurance Premiums Deductible?
If you have self-employment income, then you can take a deduction for health insurance expenses incurred for yourself, your spouse, and your dependents. If you are reporting a loss from your self-employed activity, then you are not eligible to deduct your health insurance costs since this particular deduction is limited by your self-employment income
Note If you need professional help with "Small Business Services" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.