Wick
Level 2

The only so called income is from the S corporation paying Health Insurance Premiums for the only shareholder of the S Corp. That is why I would not consider this earned income. I just to make sure you understand where I am coming from. The K-1 has a loss of lets say ( 60,000) so the returns shows a loss of 50k or so. But nothing was earned it was payments that the S Corp made for health insurance.

Thanks

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