The premiums should either be entered as a self-employed health insurance deduction on line 29 of Form 1040, or as an itemized medical expense deduction. If you qualify for the self-employed health insurance deduction, that will be the most advantageous use of the expense. See the following from TurboTax
Tax Tips - Deducting Health Insurance Premiums If You're Self-Employed:
To enter in TurboTax if you are filing a Schedule C:
- Go to the Business category.
- Go to the Business Income and Expense subcategory.
- Choose the option "I'll choose what I work on"
- On the screen labeled "Let's gather your business info", find the section labeled "Less Common Business Situations".
- Click start or update next to the line labeled Self-employed Health Insurance.
