Question

Where do I take the deduction for employer paid health insurance for >2% owner?

Forum|Forum|6 years ago
March 8, 2020
1 reply
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I'm the sole owner/employee of a Sub-S corporation and the corporation paid my health insurance benefits. I include them in my wages and W-2 and I know they are deductible on my personal return. Last year (2018 1040) Line 29 was for "Self-employed health insurance deduction" but I don't see Line 29 on the 2019 1040.

Where do I put it so I can take the deduction? Where in TT Premier do I enter the information?

TIA,

Bob

J

Judy181

When you are entering the K1 for your SCorp, see the Other Situations screen where you select that you have paid for health insurance. Enter the amount on the next screen.