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I am self employed with no health insurance, my wife is getting health insurance from Cobra, we are paying out of pocket for her premiums, can her premiums be deducted ?
None needed
Yes, your wife's cobra health insurance premiums are deductible on Schedule A of Form 1040 as a medical expense if they are paid with after-tax dollars.
If the premiums are paid with pre-tax dollars, then no, they are not deductible.
TurboTax will guide you step-by-step to determine the correct amount of the deduction.
For more information, please refer to IRS Publication 502 - "Medical and Dental Expenses" at the following link: https://www.irs.gov/publications/p502
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