Yes
, as long
as there is a net profit for your business.
The following
information is an excerpt from the TurboTax help content and it explains this
topic in more detail:
Health Insurance Coverage
You
can deduct up to 100% of health
insurance premiums for you, your spouse and your dependents if you are self-employed and have a net profit from the business for which
you created the plan.
Include health insurance premiums you made for your dependents who were under
age 27 at the end of 2016.
Medicare B and Medicare D premiums should be entered here instead of in the Social
Security Benefits section.
