Yes, you can deduct the cost of the premiums for you and your spouse since neither of you has coverage from an employer.
You can use TurboTax Self-Employed to enter the premiums as an expense to your business.
When you are in TurboTax:
- Click on Federal from left column
- Edit/Add your business or Review if business is already added
- Click on Add expenses for this work
- Scroll down to Less common expenses
- Click Health insurance premiums then Continue
- Add your information
