I am a single owner of S corporation. My s corp have paid out health insurance premium throughout the year. while I am doing s corp business tax return, I found out that health insurance premium paid by s corp grosses up owners compensation. and I learned that I can deduct that amount on my personal return on 1040.
but my w2( I received 2019 w2 form and I am using payroll service) doesn't reflect that.
is it going to cause a problem when I do my personal tax?
thank you in advance