Exam Question 16 of 45 Select the best answer. Iya Likesheep is a self-employed farmer. Which of the following statements is true relative to insurance policies lya has in place for his farm, assuming lya's farming activity is an income-generating business? Iya's health insurance premiums are only deductible on Schedule A as a medical expense deduction Self-employed health insurance premiums are 100% deductible as an adjustment to ACI on B. Schedule 1 (Form 1040) as long as Iya is covered under a policy that is a high-deductible health plan. C. Self-employed health insurance premiums for lya are deductible on Schedule F. Self-employed health insurance premiums may be 100% deductible as an adjustment to AGI D. on Schedule 1 (Form 1040) as long as lya is not eligible for coverage under an employer-paid plan and the net income limitation is met. Submit Answers