General Accounting

Do I get any sort of credit for paying a monthly health care premium?

As a self-employed person it’s expensive to have to pay for health care and I’ve opted out of the free government option. Does that help anything when it comes to filing taxes?

in progress 1 Answer


  1. You are allowed to deduct 100% of your health insurance premiums (including dental and long-term care coverage) for yourself, your spouse, and your dependents. It’s important to note, that this is not a business deduction. This deduction applies only to your federal, state, and local income taxes, not to your self-employment taxes.

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