I’m self-employed and have been paying COBRA for the last six months. Can I deduct these payments as an adjustment to gross income rather than as an itemized deduction?

Self-employed individuals can deduct premiums for their health coverage as an above-the-line deduction under certain conditions; no itemizing is required. While the IRS has never specifically said the COBRA premiums count as self-employed health insurance, it appears to be deductible as an above-the-line deduction for a self-employed individual paying these premiums.