Are gifted health insurance premiums tax deductible for the recipient?
Amanda paid some health insurance premiums for Bill in 2015.
The payments were made directly to the insurer and intended as a gift to Bill. Amanda doesn't have to report payments for medical insurance as gifts, but even if she did, her total gifts for the year were under ,000, so she does not have to report them.
Bill is not Amanda's dependent. He is self-employed. He is itemizing deductions and has already met the 10%-of-AGI threshold for other medical expenses.
Can Bill deduct the insurance premiums paid by Amanda in 2015?
If so, would this be part of "Self-employed health insurance deduction" on line 29 of form 1040? Or would it be part of "Medical and dental expenses" on line 1 of Schedule A?
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