QUESTION:
Can self-employed deduct health insurance?
Last Updated 07.08.2020
SUGGESTED INFORMATION:
No.
Schedule C or F filers are capped by the amount of their owner compensation replacement, calculated based on 2019 net profit
For self-employed individuals, including Schedule C or F filers and general partners, retirement and health insurance contributions are included in their net self-employment income and therefore cannot be separately added to their payroll calculation.
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