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Deductions & credits
From my reading of your situation, the key factors in the references provided in this thread in determining whether you can deduct your LTCI as self-employed health insurance are whether your employer or spouse's employer offers such a plan and whether it is subsidized.
If the premiums in the plans available to you/your spouse through an employer are not subsidized, and the policy meets the other requirements in the IRS Instructions for Form 7206, then you can deduct the premiums as self-employed health insurance.
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‎April 6, 2024
2:33 PM