Amber2024
Returning Member

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.