I have an S-Corp that reimburses my health insurance premiums. This shows up as income on my W-2 and them I deduct it as self-employed health insurance premiums.
In previous versions of TT you were prompted for this when you entered your S-Corp K-1; 2021 deluxe does not do this. I tried entering it under Business Income/Expense but does not allow the expense since there is no income.
How can I enter this deduction in TT Deluxe 2021.
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type k-1 in the search box
click on add'l info 1 for s-corp
a new window with the form appears
highlight it
click finish
the form should open
scroll all the way down to the bottom
you should see a label "outside expenses"
right below that are 2 questions for the SE health insurance
type k-1 in the search box
click on add'l info 1 for s-corp
a new window with the form appears
highlight it
click finish
the form should open
scroll all the way down to the bottom
you should see a label "outside expenses"
right below that are 2 questions for the SE health insurance
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