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Farrell is self-employed as a blogger. His net self-employment income was $38,500 this year. His wife, Megan, is a school teacher and was eligible all
Farrell is self-employed as a blogger. His net self-employment income was $38,500 this year. His wife, Megan, is a school teacher and was eligible all year for a family health insurance policy through her employer. All year, Farrell paid $400 per month for his own health insurance. What is the total amount of health insurance premiums that Farrell can deduct as an adjustment to income on their tax return
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