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!