TP is a self-employed teacher who deals directly with the individual students.
TP has a health insurance policy as an individual subscriber.
Do the premiums qualify for the self-employed health insurance deduction on Form 1040 line 29?
The reason for asking is that the 1040 instructions say, "The insurance plan must be established under your business" (page 30). This seems peculiar to me. It's repeated in Publication 535.
OTOH, immediately afterward Publication 535 says, "For self-employed individuals filing a Schedule C, C-EZ, or F, the policy can be either in the name of the business or in the name of the individual." TP will file C or C-EZ, so this provision apparently overrides the instructions.
Assuming the deduction can be taken, the second question is, "How much can be deducted?"
TP became self-employed August 2009, and uses cash-based accounting, and remains self-employed into 2010.
Premiums were paid during 2009 in March (for Apr-May-Jun), in June (for Jul-Aug-Sep), in September (for Oct-Nov-Dec), and in December (for Jan-Feb-Mar, 2010). My guess is that (a) the premiums covering August-December, 2009 can be reported, and that (b) the December premium would carry over to 2010's return. Is this right?