The insurance plan must be established, or considered to be established, as discussed in the following bullets, under your business.

• For self-employed individuals filing a Schedule C (Form 1040) or Schedule F (Form 1040), a policy can be either in the name of the business or in the name of the individual.

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George4Tacks
Level 15

AND  Publication 535, Business Expenses, was made historical. The 2022 edition will be the final revision available.

https://apps.irs.gov/app/vita/content/00/00_04_010.jsp?level=a

BTW What is the difference between Historic and Historical? We must exercise with other trivia during these trying times.


Answers are easy. Questions are hard!