How much of a deduction can I take?
The Self-Employed Health Insurance Deduction may not exceed the net income from the self-employment activity under which the plan was established, minus any amounts on Form 1040, Lines 27 and 28.
If your deduction is limited, any remainder may be deducted on Schedule A, along with other medical and dental expenses.
If your deduction is limited, any remainder may be deducted on Schedule A, along with other medical and dental expenses.
