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Business & farm
Yes, it is my personal tax return. I don't receive a sch. k-1 as I don't own any shares but I was told by our business accountant to enter my self employed health insurance amounts into the K-1 as 50% shareholder but claim 0 business income for top of the line deduction. I have reported as advised 1120S but I'm not sure where to enter the insurance amount to have it calculate my AGI for proper tax bracket. I tried box 13 code M because I read that is the proper box/code but TT has that listed as research activities. I looked through the other codes but am not finding one that fits.
March 4, 2024
2:34 PM