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Where do I enter my self employment health insurance premium?

We own three S-Corps.  Where do I enter my premium at?
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Phillip1
New Member

Where do I enter my self employment health insurance premium?

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:

  1. Go to the Personal category.
  2. Go to the Personal Income subcategory.
  3. Choose the option "I'll choose what I work on"
  4. Find the section labeled Business Investment & Estate/Trust Income.
  5. Click start or update on "Schedule K-1, Schedule Q".
  6. Continue through to the K-1 entry screen.
  7. Enter all of your K-1 information and continue through to the screen labeled Other Situations.
  8. 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.
  9. Enter the premiums and your Medicare wages from your W-2.

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1 Reply
Phillip1
New Member

Where do I enter my self employment health insurance premium?

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:

  1. Go to the Personal category.
  2. Go to the Personal Income subcategory.
  3. Choose the option "I'll choose what I work on"
  4. Find the section labeled Business Investment & Estate/Trust Income.
  5. Click start or update on "Schedule K-1, Schedule Q".
  6. Continue through to the K-1 entry screen.
  7. Enter all of your K-1 information and continue through to the screen labeled Other Situations.
  8. 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.
  9. Enter the premiums and your Medicare wages from your W-2.
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