Actually the amount of HIP that are deductible is limited to the smaller of the Medicare wages or the HIP, so if your HIP were higher than your Medicare wages, ...
As long as your S-corp paid or reimbursed you for your health insurance premiums, included that amount as part of the W-2 line 1 wages which is excluded from li...
Thanks@ThomasM125 and @dmertz Yes, this is supposed to be the benefit of it. However, the IRS worksheet only allows you to deduct the health insurance if you ha...
Seems like you need to have twice the W-2 wages to actually get the above the line shareholder health insurance deduction. While the 2% shareholder has to repor...
@dmertz I'm having the same issue for 2019 taxes. The IRS worksheet for calculating the deductible amount of the self-employed health insurance premiums compare...
