Get your taxes done using TurboTax

In order to treat health insurance as self-employed health insurance as an S corporation owner, the premiums should be added to your wage income on your W-2 form, and then deducted by the corporation. You will then pick up the income on your personal tax return and then enter the self-employed health insurance deduction.

You can also have the deduction appear on your personal tax return by checking the "I personally paid health insurance .... and this corporation paid me wages" box you will see under the "Other Situations" screen you will see when you enter your S corporation K-1 form.

You also have to indicate in the form 1095-A entry screens (if applicable to you) that your insurance was part of a self-employed plan and you need to link the S corporation to your insurance plan as follows: