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How to Deduct Health Insurance and Lower Self-Employment Tax

October 3, 2013 by OSYB Staff

You can reduce your self-employment tax and at the same time deduct your premiums for health insurance. If you file schedule C for your business you are not getting a deduction of your premiums for self-employment taxes. To see how you can legally deduct your family’s health care costs both ways, read this article. 

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