Self employed health insurance deduction

Helga
Member Posts: 1 Newcomer
I am filling out the form 7206
Line 1 . Enter the total amount paid in 2024 for health insurance coverage established under your business..
What is the number I should put in to this Line, if I have a 1095A:
$3,533 Total Premium amount I’ve paid in 2024 out-of-pocket directly to my insurer
Or
$20,191 Annual Totals (enrollment premiums) from Form 1095A, Line 33?
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Answers
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Hi Helga,
Follow these steps in this 2024 FreeTaxUSA article to determine the allowable amount of your health insurance premiums you may claim as a business expense
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