Credits and deductions

As a self-employed, the premiums you paid for Green Sheild are qualified as a medical expense for a tax credit.

Note: Unlike most other expenses, medical expenses do not follow a calendar year. You are allowed to pick your 12 month period. As long as the end of the 12 months falls within the tax year you are reporting, you are free to choose the best time frame for your tax planning.

 

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