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Form 1099-Misc


Christian

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A client has come in with a Form 1099-Misc for over $19,000 reported as Nonemployee compensation. I will fill out the SE to pay self employment tax. My question is whether he qualifies to decuct healthcare premiums on Form 1040 schedule 1 line 16. I would think he would having to pay SE tax but can find no reference to say so.

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I should have stated Medicare insurance which as you know is shown on the annual Social Security  SSA-1099. I deduct this every year myself. This client has multiple other health related policies. Drug, dental, vision and a policy through another carrier. My reading of the law indicates only primary health insurance is deductible but I have known other tax folks who disagree and deduct them in toto on line 16.

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