taxes246
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Thanks for your help but this does not seem to answer my question. If a husband and wife jointly own a partner ship, both and general partners, and both receive k-1s say for example $10,000 each in partnership income. If the health insurance plan costs $15000 for the year, shouldn't the self employees health insurance deduction be $15000. Turbo Tax limits it to $10,000 I think because the deduction is limited to the income received from one business but in essence the k-1s are from the same business.