12 Clever Tax Write Offs for Self Employed People

By Our Editorial Team  |  Published March 27, 2020

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Our editorial team verifies all financial and lifestyle information for accuracy and relevance to senior living.

A healthy senior couple walking in a park, representing wellness and health insurance benefits.
An active senior couple walks through a sunlit park, enjoying the peace of mind that comprehensive health insurance provides.

5. Health Insurance

Health insurance might be worrisome for those who want to start their own business or want to start freelancing. Thankfully, it is 100% deductible if your business is profitable, then certain medical expenses could be covered too.

Are you using a health savings account, also known as an HSA, through your own business? Then you could also claim deductions for it.

Want more? Check out these 9 Life-Saving Health Insurance Options for Freelancers!

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