WebFeb 23, 2015 · The Self-Employed Health Insurance Tax Deduction (found on Form 1040, Line 29 ) allows you to reduce your Adjusted Gross Income by the amount you pay in premiums on medical insurance, dental insurance, and qualified long-term care insurance for yourself, your spouse, and your dependents. WebNov 1, 2024 · For self-employed individuals under this age, it may be possible to get health insurance coverage through a parent’s insurance plan. Keep in mind that this option ends once you reach age 26, at which time you will need to find your own coverage.
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