I have an LLC partnership consisting of my Wife and me. I deduct the health insurance premiums paid by the LLC on Schedule A. I forgot to put the amount on Line 13 code M. I do not know if I am understanding this properly, but IF the LLC pays the health premiums and deducts from the gross, does it count as a personal deduction? If I enter the amount on line 13 code M, ir REDUCES my taxes. This doesn't make sense.
