Are You Eligible for the Self-Employed Health Insurance Deduction?

April 4, 2025

Tax Tip:


If you’re self-employed, you may be able to deduct 100% of the health insurance premiums you pay for you and your family. It makes no difference whether you purchase the insurance in your own name or your business purchases it. Keep in mind that the deduction can’t exceed the net income you earn from your business. Also, the deduction is unavailable if you’re eligible to participate in a health insurance plan subsidized by an employer of you or your spouse.

This material is generic in nature. Before relying on the material in any important matter, users should note date of publication and carefully evaluate its accuracy, currency, completeness, and relevance for their purposes, and should obtain any appropriate professional advice relevant to their particular circumstances.

Share Post:

The Phase Out of Paper Checks - An Electronic Future

By Meyers Brothers Kalicka • October 17, 2025
The phase out of paper checks has begun as the IRS shifts towards a modernized practice of using electronic payments. This order primarily effects individual or fiduciary tax payers since most businesses have already been required to use electronic payments.

Need Employees? This Tax Credit May Help

By Meyers Brothers Kalicka • October 13, 2025
Tax Tip: The Work Opportunity Tax Credit (WOTC) is available to employers that hire workers from targeted groups who face significant barrier to employment.

Hunger Awareness Food Drive Supporting Alianza DV Organization Through Rachel's Table

By Meyers Brothers Kalicka • October 13, 2025
Each September, individuals and communities nationwide unite for Hunger Action Month taking action against hunger and food insecurity. This past September, MBK held a successful food drive supporting Alianza DV Organization through Rachel's Table.
Show More