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Deducting Health insurance premiums on 1040 federal income tax form.?
On 2012 federal tax return form 1040; line 29 Self-employed health insurance deduction.
If all my income is from Real Estate rentals were I file a Sch E for reporting my income on my 1040 tax return, does this qualify as "Self-employed" under the IRS definition so I can take the deduction on line 29?
4 Answers
- troLv 79 years agoFavorite Answer
no
if you are not a real estate professional the health insurance is not self employed health insurance
- 7 years ago
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RE Deducting Health insurance premiums on 1040 federal income tax form.?
On 2012 federal tax return form 1040; line 29 Self-employed health insurance deduction.
If all my income is from Real Estate rentals were I file a Sch E for reporting my income on my 1040 tax return, does this qualify as "Self-employed" under the IRS definition so I can take the deduction on line 29?