Solved: I receive social security. my self employment income is $ 10,000 profit. can I claim medicare premiums as self employed health insurance deduction?

twick1040 · ‎12-07-2019

medicare as self employed health insurance deduction

TaxMonkey · ‎12-07-2019

Yes.

For reference:

TaxMonkey · ‎12-07-2019

Yes.

For reference:

Shirley79 · ‎02-10-2020

Does the Medicare premium have to be pro-rated to deduct it as self employed health insurance?

I have a client that profits only $3000 in self employment income. Can I still deduct the full $1626 in medicare premiums?

I receive social security. my self employment income is $ 10,000 profit. can I claim medicare premiums as self employed health insurance deduction?