What is the best way for a self employed owner to get Group Health Insurance?
Car and Truck Expenses
Legal and Professional Fees
Travel and Meals
Business Use of Your Home
Other Expenses You Can Deduct
Expenses You Cannot Deduct
Self employed owners of a small business must have at least one non spousal, w-2 employee to qualify as a group. This is because AB 1672 has been pre-empted by Health Care Reform and AB 1083. To learn more click here for the new definition or §10753 (q) (1).
If you do have a non spousal employee on payroll, click here to get a quote.
If not, then coverage is STILL guaranteed issue with no pre-existing condition clause on an individual basis get FREE quotes & benefits by clicking here.
If your business isn’t as profitable as it should be, you can qualify for subsidies under Obamacare, it’s a function of MAGI – Modified Adjusted Gross Income, Line 37 on your 1040 tax return. This is in addition
Resources & Links
Related Pages in the Self Employed Health Insurance Deduction on 1040 Sections&
- Self Employed & S Corp Health Insurance Deduction on 1040 Line 29
Schedule C – Line 12 Biz Income or Loss, Line 29 Health Insurance Premiums, Line 37 Adjusted Gross Income, MAGI Income
IRS Small Biz and Self Employed Tax Center
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