Should premiums I paid for health insurance always be included in a Turbotax K-1 filing?

Forum|Forum|7 years ago
June 1, 2019
1 reply
0 views

In one of the Turbotax (2015) prompts in filling out a K-1 filing, I am prompted to report any health insurance premiums that I paid.

I did pay m own health insurance premiums for part of 2015, but those payments had nothing to do with the partnership that the K-1 is reporitng on. But given the complexities if partnerships and K-1s, I am unsure if these premiums need to be reported under a Turbotax K-1 filing or not.

TurboTax Deluxe Windows

T

TaxGuyBill

Employee

If the Partnership did not pay for the insurance, or reimburse you for the insurance, they would not have added it to box 4 of your K-1. If that is the case, no, don't enter health insurance in the K-1 section.