What is in Box 5 of your W-2?

Did you have health insurance through the Healthcare Marketplace, with a 1095-A and qualify for the Premium Tax Credit?

$35,000

No health insurance through the market place

Thanks

Do you have any other businesses on your tax return that may be affecting things?

Have you double checked that while in the K-1 section, you checked the box about health insurance AND entered the amount from Box 5 of your W-2 (again, WHILE in the K-1 section).

I have a sch C for some 1099 income.  There is nothing on my K-1 about HI.  Thanks

Did you enter anything about health insurance when entering your Schedule C information?  You should not have.  If you did, that may be where that amount is coming from.

When entering the K-1 from the corporation, THAT is where you need to be entering the information about health insurance.

No HI was inputed on Sch C

I will take a look at my K-1, I do not think HI was marked on my K-1

Thanks

Question - Where would HI go on the K-1 (1120S) for >2% shareholder? Thanks

If the health insurance was from the corporation, it is NOT entered as part of Schedule C.  Schedule C has nothing to do with the corporation.

Go back through the K-1 section in the program, and look for the check-box about health insurance, then answer the followup questions.