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What line of IRS Form 1120 do I record medical deductions for my C Corp
I have a C Corp and have verified with my tax strategist that my medical reimbursement plan meets all of the IRS requirements, so please no lectures about what conditions must be met for a qualified medical related deduction.
I am just looking for assistance with determine which line to record the medical deduction.
I am using Turbo Tax, but I am not sure that the program fully understands my situation - Turbo tax has categorized this as a line 24 (Employee Benefit) deduction but I am thinking maybe it should be recorded on line 26 (Other Deductions). Any help is greatly appreciated.
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May 31, 2019
5:53 PM