I'm self-employed (sole prop); my spouse is employed with health care insurance we purchase through her company. Premiums are reported as taxable W-2 income.
If my business does not pay the premiums directly, can we still deduct them?
Sch A med costs (10% floor kills us) or 1040 line 29?
BTW, TT help and IRS docs mention "subsidized" plan from an employer. To my knowledge,
this plan is not subsidized (whatever that means in this context); that
term has never appeared in company documentation.
