Grad student, health insurance, self-employed

[bellnier]

I am an adult graduate student with a family.

I am also self-employed as an educational contractor.

The family medical insurance is obtained through the university. As a grad assistant, my portion is covered, but not that of my family, which is paid out of pocket.
Can I claim that expense as "self-employed health insurance"?

Thanks

[AnnetteB6]

Yes, as long as you have net profit from your self-employed business that does not exceed the cost of the insurance.

To learn more, take a look at the following TurboTax article:

Can I deduct health insurance premiums if I'm self-employed?

[bellnier]

Thanks for the quick response.
You said "net profits that does not exceed the cost of the insurance".  Is that correct?
The article you linked to states:
"To get this deduction, your Schedule C must show a net profit.

The deduction amount generally can't exceed your net profit amount."

What am I missing?
Thank you.

[LenaH]

The article is correct. Your Schedule C must show a net profit and the self-employed health insurance deduction can't exceed your net profit amount. 

@bellnier