Health Insurance Premiums & Your 2026 Taxes: It's Not Too Late!

April 20, 2026|Health Insurance, Small Business, Taxes

April 2026 is here, and as tax season winds down, you might be staring at a pile of forms, realizing you never tracked your health insurance premiums. Can you still deduct them? Yes!

If you're self-employed, you can often deduct your health insurance premiums directly from your gross income using the Self-Employed Health Insurance Deduction. This is separate from standard medical expense deductions and doesn't require itemizing.

The key is having your records. Quickly access your insurance payment portal for history, or better yet, call us! We can swiftly guide you to the documentation your CPA needs. Eligible costs typically include premiums for medical, dental, and vision coverage for you, your spouse, and dependents.

Don't scramble alone. We help clients navigate this end-of-tax-season challenge all the time.

Call Magnolia City Health Insurance before your CPA calls you. We'll get you what you need, fast.