To indicate that your earnings are from self-employment, there must be an entry in box 14 of your K-1 with Code A - Net earnings (loss) from self-employment. Then your income will flow to Schedule SE.
Health insurance premiums paid by the law firm should appear on line 13 of
the K-1P with code M, they will automatically flow to line 29 of form
1040. You don't have to do anything else.
If you paid the
premiums out of pocket and were not reimbursed by the partnership,
please follow these steps to enter the information:
- After you've entered the
information from all the boxes on the K-1, you will see a screen, Describe
the Partnership. Mark the box I personally paid health insurance
. . . and click Continue. [See Screenshot #1, below.]
- On the Any Self-Employed
Insurance Costs enter the Health Insurance Premiums you paid
that were NOT included in Box 13M. Click Continue. [Screenshot
#2]
- On the next screen, you will have
the opportunity to enter any long-term care insurance costs.
- You will be brought back to the Partnership/LLC
K-1 Summary. Click Done if you have no additional K-1s to
enter.
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