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Returning Member
posted Mar 31, 2025 10:24:49 AM

Shareholder in Scorp My W2 has Health insurance premiums pd in WagesBox 1 & Box 14. How do I get the Health ins Credit on my 1040 using Turbo Tax Deluxe

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3 Replies
Expert Alumni
Mar 31, 2025 12:06:59 PM

When you enter your K-1 schedule from the S corporation, indicate that you personally paid health insurance and/or long-term care insurance premiums for yourself and your family and the S Corporation paid you wages on the screen that says Other Situations to enter your self-employed health insurance deduction if you are entitled to it:

 

Returning Member
Apr 1, 2025 11:46:11 AM

I have Turbo Tax Business for SCorps & Turbo tax Deluxe for 1040 & No where on either can I find the information you showed me.  I am at a loss as to what to do.  Please help if possible.  Thank you

Returning Member
Apr 1, 2025 12:09:17 PM

Finally found it.   Thanks for your help.