How Self-Employed Health Insurance Works

Описание: Business owners have a unique way to receive tax benefits from deducting health insurance premiums through the self-employed health insurance deduction.

There is a special line item on Form 1040 that allows business owners to get a tax deduction for the health insurance premiums they pay for themselves and their family.

The way the premiums are deducted depends on the business entity type. Sole proprietors, S Corp owners and partnership owners treat health insurance premiums differently.

This video goes into detail on how health insurance premiums are deducted for different entity types.

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ABOUT ME:
For many years I worked at very large national and regional CPA firms preparing taxes. I always wanted to start my own tax business, but always felt like I needed to learn more about taxes before I could go out on my own.

One day, an opportunity came my way to partner with a couple women and start our own tax firm. We worked hard and quickly grew the firm to seven figures.

I now help others gain confidence to start their own tax business by teaching them how to prepare tax returns for their clients.

If you haven't watched my free webinar on how to add tax preparation to your bookkeeping business, watch the webinar at www.taxtutor.com

If you have already watched the webinar and want help from me, you can book a free call with me to see if I can help you add tax preparation to your bookkeeping business - www.taxtutor.com/apply