Submitted By: someone
Answered: August 28, 2017 10:56 pm

I’m a sole proprietor and opted in to workers’ compensation. Can I deduct my premiums on Schedule C?

Workers’ compensation premiums are deductible by a self-employed individual. There is no dollar limit or other restriction on this write-off.

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Tax Glossary

Passive activity loss rules

Rules that limit the deduction of losses from passive activities to income from other passive activities. Passive activities include investment rental operations or businesses in which you do not materially participate.

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