Compass Tax Educators

This webinar will review how sole proprietors, partners, and S corporation shareholders can claim the above-the-line deduction for health insurance premiums and also maximize its value. Proper completion of Form 7206, Self-Employed Health Insurance Deduction, which is new for 2023 tax returns, will be demonstrated.

Learning Objectives:

• Explain how sole proprietors can claim the self-employed health insurance deduction.

• Explain how partners can claim the self-employed health insurance deduction. 

• Explain how S corporation shareholders can claim the self-employed health insurance deduction. 

• Demonstrate proper completion of Form 7206, Self-Employed Health Insurance Deduction.
  
  

Education Information

IRS Program Number: NMVBP-T-00270-24-S

Length: 50 minutes plus optional question-and-answer session (no CE for Q&A)

Prerequisite: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: QAS Self-Study (NASBA) / On-Demand (IRS)

Field of Study: Taxes (NASBA) / Federal Tax Law Topics/Federal Tax Related Matter (IRS)

Credit hours: 1 NASBA CPE / 1 IRS CE

Information can be found quickly by searching key terms in the text/PowerPoint using the built-in search feature.

Course expires one year after purchase.

Instructor: Thomas Gorczynski, EA, CTP, USTCP Click here to learn more about the instructor.

All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here for more information regarding our refund and education policies.