I am a partner in a business, and I paid health insurance premiums that were reported on my K-1. I entered them in TurboTax on my K-1 under Box 13 (Other Deductions), Code W (Other) in Easy-Step, and described them as Self-Employed Health Insurance Premiums, but they do not appear on Form 1040, Schedule 1, Line 16. And, I can't override that box on Form 1040, Schedule 1 to enter the amount. I think I'm entitled to a deduction - - how do I fix this?
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You should go back and edit your Schedule K-1.
Follow the TurboTax interview until you get to a page titled Describe the Partnership. Check the box I personally paid health insurance and/or long-term care insurance premiums for myself and my family.
On the next page, you can enter your self-employed health insurance.
You should go back and edit your Schedule K-1.
Follow the TurboTax interview until you get to a page titled Describe the Partnership. Check the box I personally paid health insurance and/or long-term care insurance premiums for myself and my family.
On the next page, you can enter your self-employed health insurance.
Got it, problem solved, thanks!
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