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Replying to:
BettyJaneB
QuickBooks Team

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It's nice to have you back, @frankxx7.

 

Yes, you are correct Health Insurance Premium is considered as an expense. However, the amounts will only be reported on the P&L at the end of the year. You will do manually upon paying your taxes to Turbotax.

 

IRS ensures that you had self-employment earnings throughout the year. Once you submit your taxes, the agency will validate all these expenses.

 

To give you more information about reporting the Health Insurance Premium in QBSE, please see these links:

 

Let me know if you have any other questions on this or with QuickBooks. I'd be happy to help you out. Have a lovely day!

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