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April 1, 2023
Question

Health insurance premiums?I have a W-2 job in which I could participate in health insurance but as a travel nurse I chose to get private health insurance

  • April 1, 2023
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I also have a self-employment side hustle business. can I deduct my health insurance premiums if I was able to participate in the W-2 health insurance coverage

1 reply

April 1, 2023

No, you cannot claim a self-employed deduction for health insurance premiums for any month in which you were eligible to participate in an employer's health plan even if you declined that coverage.  However, the premiums may be claimed as a medical expense on Schedule A instead.

 

For more information, see the following TurboTax help article under 'self-employed health insurance deduction':

 

Can I deduct health insurance premiums if I'm self-employed?

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