The health insurance premiums for S-corporation shareholders is entered with the K-1.
- After going through the S-Corp K-1 interview screens, there will be a final screen that says "Other Situations".
- Click on the option " I personally paid health insurance and or other long-term care insurance premiums for myself and my family and the S-Corp paid me wages".
- On the subsequent screen, TurboTax will provide a field for Medicare Wages from box 5 of your W-2 and a field for the premiums recorded in box 14.
