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Get your taxes done using TurboTax
You do not need to upgrade to TurboTax Self-employed.
As a greater than 2% shareholder of a S-Corp, your health insurance premiums are deductible as Self-employed health insurance.
You can enter your health insurance costs when entering your form K-1.
Follow your K-1 interview until you get to the page Describe this Partnership. Check the box I personally paid health insurance and/or long-term care insurance premiums for myself and my family. and click Continue. On the next page, you can enter your health insurance premiums which will be transferred to Part II line 17 of Schedule 1 of form 1040.
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March 29, 2022
1:14 PM