Deductions & credits


@Sam Hopi wrote:

Hi, I have a question regarding this matter. If S-Corp already paid the cost of insurance what is the reason we have to link 1095-A to k-1 to deduct this premium while S-Corp already paid?


 

Because the corporation added it to Box 1 of your W-2.  Then you can link the health insurance so it becomes a deduction on your personal tax return (on Schedule 1).