Malpractice insurance
$50–$500/mo
Can You Write Off Malpractice insurance?
Short answer: Malpractice insurance — E&O and general liability.
Malpractice insurance may be deductible when purchased for ordinary and necessary use in your professional services business. Documentation of business purpose is usually required.
BW-BUY-00941
low risk
Malpractice insurance
Typical range: $50–$500/mo
Multiple industries
Professional Services
Professional Insurance
Malpractice Insurance
Malpractice insurance — E&O and general liability.
Applies to
- Multiple industries
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
Malpractice insurance may be deductible when purchased for ordinary and necessary use in your professional services business. Documentation of business purpose is usually required.
Write-off library
Professional Insurance
E&O and general liability.
Documentation to keep
- Receipts, invoices, or bank/credit card statements
- Written business purpose and date of expense
- Logs or apps tracking business use when mixed personal/business use applies
Tax references
Schedule C (Form 1040)
professional insurance
professional services
malpractice insurance
healthcare
category
dental veterinary
legal practices