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Deductions & credits
@charlemangethedad wrote:Hello,
I was curious to know if I would be able to take the insurance deduction based on my situation. Last year I added a health insurance coverage for myself and my other employee (wife), titled under the company name. I mistakenly didn't have payroll run the health insurance premiums, I paid them with a direct bank draft. Am I still able to receive the health insurance deduction?
Thank you,
You need to amend your W-2 to have it added to Box 1 of the W-2.
March 4, 2022
3:26 PM