Deducting Health Insurance Premiums

[Jiggers]

Self-employed Health Insurance

If taxpayer is retiring this year and has healthcare available at reduced cost premiums through his uniion until Medicare kicks in, and his wife continues self employment in her own business, am I correct that she may deduct their health care premiums for the time after his retirement? If so, do the premiums need to be paid for by a check from her business?

No.

If she is eligible to participate in his plan, a subsidized insurance plan, nothing is deductible as self-employed health insurance for her Schedule C.

[Beth]

If taxpayer is retiring this year and has healthcare available at reduced cost premiums through his uniion until Medicare kicks in, and his wife continues self employment in her own business, am I correct that she may deduct their health care premiums for the time after his retirement? If so, do the premiums need to be paid for by a check from her business?