dmertz
Level 15

Deductions & credits

@AliciaP1 , that's not what Mike9241 said.  The information provided by Mike9241 describes what is necessary for the more-than-2% S-corp shareholder to be able to claim the self-employed health insurance deduction.

 

In this case, you claim the deduction during the entry of the Schedule K-1 (Form 1120-S) where you mark the box that indicates that you personally paid health insurance premiums and the S-corp paid you wages.  TurboTax will then ask for the amount and include it on Schedule 1.