Self-employed insurance premium

[AccTaxMan]

Does the health plan have to be set up under the name of the business for it to be deductible?

Taxpayer is self-employed but he couldn't get a company plan because the insurance company requires a minimum of two persons. So he had to set up the plan under his own name. can he still deduct the premium on Schedule C?

[Lion]

Yes

A sole proprietor can consider health insurance in his own name as set up under the company for purposes of self-employment health insurance rules. Page 5-10

[AccTaxMan]

A sole proprietor can consider health insurance in his own name as set up under the company for purposes of self-employment health insurance rules. Page 5-10

Thank you.

What about a partner who receives a K-1 from the partnership every year? He actively works there and he pays self-employment tax on the ordinary income. Can he deduct the premium of a health plan under his own name?