Thank you so much Rick19744 for the reply.
Yes, your assumptions are correct. I should have been more detailed and mentioned that I work for the S-corp and I'm related to the >2% shareholder.
Would you please help me further and explain the right way to deduct the premium from my personal tax return?
I use the Windows desktop version of TurboTax Premier, and the only 'simple' way I know is to go: Wages&Income --> Business Items --> Schedule K-1.
I follow the steps which eventually lead me to enter the premium paid, and enter my medical wages from the corp.
But my concern is that I may not be qualified to have a Schedule K-1 in my personal tax return since I'm not a shareholder, so it follows that the IRS would not accept it.
Thanks for any help you can give me on how's the best way to deduct this and any related TurboTax steps.
