Health insurance for 1099 workers
$300-$1,200/mo
Can You Write Off Health Insurance for 1099 Workers?
Short answer: Yes: self-employed people deduct health, dental, and long-term care premiums above the line if they weren't eligible for an employer plan.
The deduction can't exceed your net self-employment profit.
Records to keep: Keep receipts, 1099s or W-2s, a mileage log, and a note of the business purpose. W-2 employees should ask about employer reimbursement.
Health insurance for 1099 workers
Typical range: $300-$1,200/mo
Remote Workers / Freelancers / Consultants
Yes: self-employed people deduct health, dental, and long-term care premiums above the line if they weren't eligible for an employer plan.
Business justification
Yes: self-employed people deduct health, dental, and long-term care premiums above the line if they weren't eligible for an employer plan. The deduction can't exceed your net self-employment profit.
Category
- Write-Offs by Job