tschapira
Returning Member

Prepaying 2022 Medical and Dental Premiums - Single Employee LLC - w S-Corp

Hi Turbo Tax Experts, 

 

I'm a single employee LLC with S-Corp tax status with a calendar year fiscal reporting. For 2021, I want to maximize my business deductions and was curious if I can pre-pay my 2022 medical and dental premiums as a business expense. 

 

From my research, I believe I can do so but I'd like to check with the community. Please Let me know! TY

 

Tom

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