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Can I deduct what I am paying through COBRA (from my father’s employer) on my self employed taxes?
Hi all,
I am 27 and self-employed running a SMLLC. Fortunately, my father’s company offered COBRA to me after turning 26 and getting the boot from their insurance.
Am I able to claim these expenses as my Health Insurance Premiums on my deductions? It’s unclear to me if this is acceptable and I can’t seem to find answers to this specific inquiry anywhere online.
Thanks in advance!
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March 14, 2020
8:43 PM