2097. Yash pays health insurance premiums for himself, his wife and his two children aged 13 and 8. Premiums for which of these individuals will qualify as deductible from Yash’s taxable income?

Yash only
Yash and his wife only
Yash, his wife and his oldest child
Yash, his wife and both his children
✅ The correct answer is D.
Yash pays health insurance premiums for himself, his wife and his two children aged 13 and 8. Premiums for Yash, his wife and both his children will qualify as deductible from Yash’s taxable income.

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