I have a question about Schedule C health insurance issues. I opted out of my employer’s health insurance plan. Regarding Schedule C deductions, can I deduct the health insurance premiums my wife and I pay on my wife’s Schedule C?
No. If you or your spouse is eligible for coverage under an employer plan, you can’t claim the self-employed Schedule C health insurance deduction. However, you can claim the payments as itemized deductions on Schedule A.
When claiming a child for taxes, which spouse gets to claim all expenses? Learn how child expenses are claimed. Get tax answers from H&R Block.
What's the difference between a deduction and a credit? Learn more from the tax experts at H&R Block.
Learn more about filing taxes when separated but married from the tax experts at H&R Block.
Learn whether you can deduct mileage for medical care from your taxes with advice from the tax experts at H&R Block.