Hello! This has been my first year as a 1099 contract worker and 2022 will be my first full year as one. It seems I will be losing that sweet tax credit and can no longer afford health insurance premium but what choice do I have??? I’m curious what other 1099 workers have done and if someone could explain how it all works as far as writing it off during tax season. I read that you can only write it off of your state and federal taxes and not your actual income tax? I’m in PA
submitted by /u/SewforVictory9
[link] [comments]Hello! This has been my first year as a 1099 contract worker and 2022 will be my first full year as one. It seems I will be losing that sweet tax credit and can no longer afford health insurance premium but what choice do I have??? I’m curious what other 1099 workers have done and if someone could explain how it all works as far as writing it off during tax season. I read that you can only write it off of your state and federal taxes and not your actual income tax? I’m in PA submitted by /u/SewforVictory9 [link] [comments]Read Morer/HealthInsurance