Self employed health insurance

[gman]

If only one spouse is self employed and the other is retired or working with no employer provided insurance, can the amount that is deduted include insurance for both spouses.
What if the only isurance is Medicaid premium?

thanks

[Burke]

If the private policy covers both spouses, it can be deducted. You cannot deduct a separate policy on the spouse, nor the spouse's Medicare premium which is paid out of (his/her) benefit as SEHI. Of course, those can go on Sche A.

[FEDUKE404]

Applicable insurance

I never heard of a "Medicaid premium." ??

IF all of the other rules for SEHI are met (and there are many!) then a self-employed person can use the premiums for a single medical insurance policy that covers both H/W.

As for Medicare premiums, each person pays his/her own premiums. The only person that can use those premiums for SEHI is the self-employed person. Think of it somewhat as a "business expense" for the self-employed person.

FWIW: This topic has been discussed at length on these boards....you may wish to first "search" for answers to routine questions.

FE

[thomtax]

If only one spouse is self employed and the other is retired or working with no employer provided insurance, can the amount that is deduted include insurance for both spouses.
What if the only isurance is Medicaid premium?

thanks

If my understanding is correct, medicaid is basically a welfare program for those that the government is providing the insurance. Medicare Part A is provided when you are getting ss at full retirement and part B is a premium that is deducted from your ss payment received. Part D, the prescription coverage, may also be deducted from ss payments.

LT