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Deductions & credits
I appreciate your quick reply. This information is useful because I personally paid for our medical insurance the first four months of the year. But the last eight months, premiums were paid with the S-Corp accounts rather than my personal accounts. One thing I've noticed with the page in question in TurboTax is that if I enter the cost of the premiums in the "All other employees" box (rather than the Officer's (>2% owners) box which is the correct designation) then the desired effect of getting the right number in the deductions column occurs. Would doing that cause me a problem down the line?
March 7, 2023
4:45 PM