dmertz
Level 15

Business & farm

Original answer:

In the follow-up to entering your Schedule K-1 from the S corp, on the Other Situations page mark the box indicating I personally paid health insurance and/or long-term care insurance premiums for myself and my family and this S corporation paid me wages.  Then enter the requested information on the next page. If the HSA contribution was made through your S corp and is shown with code W in box 12 of your W-2 from the S corp, the entry is handled by entering the code W amount on TurboTax's W-2 form.  If the HSA contribution was made by you personally, enter it in the HSA section as a personal contribution.

Reply by MW:

Thank you but I mean on TurboTax Business. For >2% officers/shareholders, HSA and health insurance were put in box 14 of the W-2. It's my understanding that they are wages to be deducted on their own personal tax returns. Where can we put these items in TurboTax Business? Regular wages, fringe benefits, or?