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I'm a 100% shareholder and only employee of an S-corp. My CPA included my health insurance premiums as wages on my W-2 as well as deducted them on my 1120S in Statement 1.

Can I also deduct my health insurance premiums on my personal 1040? The premiums were paid by my S-corp.

Best answer by WillK

Yes, as long as the health insurance premiums were included on your W-2, you can take the deduction on your 1040.

WillKAnswer

Employee

Yes, as long as the health insurance premiums were included on your W-2, you can take the deduction on your 1040.

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Even if the health insurance premiums were also deducted on 1120S?

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