I have a question about health insurance tax deductions. If I was self-employed for only a few months, can I deduct health insurance premiums I paid all year long?

Maybe. Health insurance tax deductions may be taken under certain circumstances.

You can deduct health insurance premiums that you paid as a self-employed health insurance premium only for the period you:

  • Were self-employed
  • Weren't eligible for employer-subsidized health coverage through your or your spouse's employer

You can claim the health insurance premiums you paid when you weren't self-employed if both of these apply:

  • You itemize your deductions.
  • Your expenses are more than 10% of your adjusted gross income (AGI).

 

Ready to file?

You've got your forms. And we've got your back. There's only one thing left to do. Let's do this.

Calculators

So how much will you get (or owe) this year? That’s the million-dollar question. We happen to have three very useful calculators to help you estimate your refund or balance due.

Need Live Support? 1-800-HRBLOCK (1-800-472-5625) or Find An Office