A website says: Section 162(I) of the Tax Code provides a special health insurance deduction for self-employed individuals. The deduction is for medical, dental or long-term care insurance premiums that self-employed people pay for themselves, their spouse and their dependents. But until May of last year it was not clear that premiums paid for Medicare coverage were allowable deductions under that section of the tax law. Then on May 1, 2012 the IRS issued Chief Counsel Advice (CCA) xxxxxxxxx which clarified that Medicare premiums are fully deductible.
Where do I take this deduction to get a self-employed medical ins deduction for Medicare premiums? Can I deduct my supplemental insurance? Can I deduct my wife's supplemental insurance?
