Hi and welcome to Just Answer!That is correct - you may be able to deduct premiums paid for medical and dental insurance and qualified long-term care insurance for you, your spouse, and your dependents if you are a self-employed individual with a net profit reported on Schedule C (Form 1040).That provision is in effect for 2013.
Do you know about 2014? Will that be taken out? Thanks
So far - that provision is not set to expire. Based on current economic situation - I doubt that the law would be changed this matter - but may not guarantee.
You are welcome.