Hello all, I've searched, I've pondered, I've researched, I've been through the CCAs and the Tax Court Memos, etc, and all I do is find that no one knows the definitive answer to this conundrum.
TP is retiring and will purchase healthcare premiums through his former employer. He will purchase Cobra for about 7 months (partially subsidized by employer), then it will switch to a regular healthcare plan his employer offers (not subsidized by his employer). He will not work, but will earn rental income (Sch E).
His wife is self-employed and will be covered by TP's healthcare plan. Can she take a SEHI deduction for the premiums he pays? Policy will be in his name only, with the wife as a covered member of the plan.
I've read all about Medicare coverage for both TP and Spouse can be deducted as SEHI, etc. I just need some updated (newer than 2015), guidance if it exists, or is this just a grey area where we need to tread lightly?
Thank you!