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Business & farm
I'm having the same issue with Turbotax 2021 Business version.
The issue is not with the owner getting the credit on his personal 1040; the problem is that the S-Corp can't deduct this expense due to what appears to be a bug in the software. My company pays my Medicare premiums, which I WAS able to deduct using this same screen in the 2020 version. But now, no matter if I put the amount under the Officers or Shareholders column, it always shows $0 after I save it - the same as the other user experienced a year ago.
‎February 23, 2022
5:50 PM