Where do I enter my self employment health insurance premium?

rmdaughtry1 — Tue, 04 Jun 2019 21:05:49 GMT

We own three S-Corps. Where do I enter my premium at?

The self-employed health insurance premiums for a S-Corp...

Phillip1 — Thu, 06 Jun 2019 12:10:44 GMT

The self-employed health insurance premiums for a S-Corp owner is enter in the K-1 entry screens for your Schedule K-1 for the S-Corp.

In TurboTax Self-Employed, follow these instructions:

Go to the Personal category.
Go to the Personal Income subcategory.
Choose the option "I'll choose what I work on"
Find the section labeled Business Investment & Estate/Trust Income.
Click start or update on "Schedule K-1, Schedule Q".
Continue through to the K-1 entry screen.
Enter all of your K-1 information and continue through to the screen labeled Other Situations.
Check the box labeled I personally paid health insurance and/or long term care insurance premiums for myself or my family and this S-Corp paid me wages.
Enter the premiums and your Medicare wages from your W-2.