SE Health Insurance Deduction
The most valuable health insurance tax break available to freelancers and 1099 workers. Enter your SE income and premiums to see your deduction cap, total tax savings, and what your coverage actually costs per month.
Eligibility requirement: You (and your spouse) must not have been eligible for employer-sponsored health insurance for any month you claim this deduction. If you had access to an employer plan, those months are excluded.
Income & Profile
Annual Premiums Paid
Deduction Summary
AGI (without deduction)
$77,136
Deduction Amount
− $5,580
AGI (with deduction)
$71,556
Federal marginal rate
22.0%
SE tax (half-SE deduction)
$5,864
Your net SE income ($83,000) fully covers your premiums. The entire $5,580 is deductible from AGI on Form 1040, Line 17.
Tax Savings Breakdown
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