How Companies Use Write-Offs
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💰 Can you actually write off health insurance as a 1099 or business owner? If you’re self-employed, freelancer, or own a small business, there’s a good chance your health insurance premiums could be tax deductible. ✅ Who it applies to: • 1099 contractors • LLC or S-Corp owners • Freelancers & gig workers 💡 Why it matters: Every dollar you deduct reduces your taxable income — which can save you hundreds to thousands each year. ⚠️ Pro tip: There are IRS rules, income limits, and setup requiremen
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