- the owner – taxpayer,
- the owner’s – taxpayer’s spouse,
- the owner’s – taxpayer’s dependents, and‘
- any child (152(f)(1)) of the taxpayer who as of the end of the taxable year has not attained age 27. (HR 4872 – Obama Care §162(l)(1) §401(c)(1))
You are not eligible to participate in any subsidized health plan maintained by any employer 26 USC 162 (I) (2) (b)
For more clarification of what “under your business” means – email us to discuss Tax Facts ONLINE – Subscription Question # 328
Obamacare Tax Subsidy?
A shareholder owning more than 2% of the outstanding stock of an S corporation with wages from the corporation reported on Form W–2.
Instructions Schedule C
Learn more — No more salary discrimination §2716,
Other pages in Small Biz Tax Credits §45 R section
AB 1672 – (1992 to 2013) Small Group Health Rules prior to Obamacare
Health Insurance Deduction Line 29 for self employed
Schedule C – Line 12 Biz Income or Loss, Line 29 Health Insurance Premiums, Line 37 Adjusted Gross Income, MAGI Income