
Health insurance can be a daunting expense, especially if you’re self-employed. But did you know there's a tax break that can help reduce these costs? In this episode of the Mission Tax Podcast, we’re diving into the Self-Employed Health Insurance Deduction—a key tax benefit that can ease the burden of health premiums for self-employed individuals, from sole proprietors to LLC members. Join us as we break down eligibility requirements, types of health plans that qualify, and step-by-step guidance on how to claim this deduction on your 2023 taxes. We’ll cover everything from documentation tips to common mistakes, so you can approach tax season prepared. Tune in and learn how to keep more of what you earn, with clarity and confidence!
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