The Self Employed Health Insurance Deduction Is NOT a Business Expense

Tax Relief with Logan Allec, CPA

If you are looking to put your self-employed health insurance deduction down as a business expense, it may be time to think twice. Here is what you need to know about reporting your self-employed health insurance deduction.
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1. Will Your Side Hustle be Deemed a "Hobby" by the IRS? (00:00:00)

2. The Health Insurance Deduction for Self Employed Individuals is NOT a Business Expense! (00:02:11)

3. Where do you Report your Self-Employed Health Insurance Deduction? (00:05:24)

4. Why Could you Still owe Self-Employment Taxes? (00:07:42)