Concerns for all Taxpayers

Self-Employed Health Insurance Deduction: Sole Proprietors & Single-Member LLCs

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Why YOU Should Care

If you are self-employed and provide medical, dental, or long-term care insurance for yourself, your spouse, and/or your dependents, you may qualify to deduct the cost of the related premiumsĀ on your tax return. This deduction reduces your adjusted gross income and could reduce your income subject to taxation.

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