Asked by e

Fredrik is self-employed as a podcast host and earned $36,200 in net self-employment income this year. His wife, Lorraine, is a school teacher and was eligible all year for a family health insurance plan through her employer. Fredrik paid $500 per month for his own health insurance. What is the total amount of health insurance premiums that Fredrik can deduct as an adjustment to income on their tax return?
$0
$500
$3,000
$6,000

All Answers 1

Answered by GPT-5 mini AI
$0

Because Lorraine was eligible all year for employer-sponsored family coverage, Fredrik was considered eligible to participate in that plan and therefore cannot claim the self-employed health insurance deduction for the premiums he paid.