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frankxx7
Level 2

Why do Health Insurance Premiums not show on any reports?

 
5 Comments 5
JessT
Moderator

Why do Health Insurance Premiums not show on any reports?

I can show you how to find your premium, frankxx7,

 

The Health Insurance Premium will not show on your reports, and not on your Schedule C either. It will only show on your Annual tax estimate under Healthcare Expenses.

  1. Click on Taxes.
  2. Choose Annual.
  3. Expand the Healthcare expenses section.

 

You can always go back to this thread if you have other questions about your insurance.

frankxx7
Level 2

Why do Health Insurance Premiums not show on any reports?

It is an expense. Why is it not included as an expense in the report?  Can I request that it be included like all other expenses? What's the reason for not including it as an expense?

JessT
Moderator

Why do Health Insurance Premiums not show on any reports?

This is a good question, Frank.

 

The healthcare expenses can be added to your reports at the end of the year, provided that you'll meet the criteria to claim for healthcare deduction premiums. Our Support can help you on that when you file through TurboTax.

 

Please check out BettyJane's answer for more details.

 

If you have other questions, you can always go back to this thread.

jbarrow
Level 1

Why do Health Insurance Premiums not show on any reports?

I cannot get my health insurance premiums to show up in the annual taxes page

GenmarieM
QuickBooks Team

Why do Health Insurance Premiums not show on any reports?

It's good to see you here in the Community, @jbarrow.

 

I am here to provide some insights why your health insurance premiums aren't not showing on your annual taxes page in QuickBooks Self-Employed (QBSE).

 

Both health insurance premiums and health savings account contributions affect your household's overall tax situation, but they are personal and do not fall under self-employed expenses, deductions, or profits. They also don't show up on your Schedule C because they are not related to business deductions.

 

It is important to note that totals for the healthcare categories don't show up in QuickBooks Self-Employed until you complete your health profile.

 

Additionally, I'm adding this helpful article as your reference in categorizing payments in QuickBooks Self-employed: Find out if your healthcare is deductible in QuickBooks Self-Employed.

 

Please don't hesitate to return to this post if you have other concerns and follow-up questions regarding health insurance premiums in QBSE. I'll be here to lend a helping hand. Have a good one!

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