05/29/2026
Self-employed and paying for health insurance out of pocket? You can deduct 100% of those premiums — for yourself, your spouse, and your dependents.
Most owners either don't know it exists or set it up wrong and lose the benefit entirely.
Here's what makes this one different: it comes off your AGI directly. Not as an itemized deduction. That means you get the benefit even if you take the standard deduction — and it lowers your adjusted gross income before most other calculations hit.
The setup has to follow an exact sequence. The company pays the premium, includes it in your W-2 wages, and you deduct it personally. One step out of order and the deduction disappears.
Layer an HSA on top and you have a second deduction built into the same health plan. Up to $4,150 for individuals or $8,300 for families — also fully deductible.
Two deductions. One health plan. Most owners are only claiming one — or neither.
DM us HEALTH and we'll audit your current setup in minutes.