anitamich61
Level 1
04-20-2020
01:44 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Where do I enter the health insurance deduction for a taxpayer who had the insurance reported in his W-2 due to S corp attribution rules? Does this require an override on schedule 1?
Labels
TaxGuyBill
Level 15
04-20-2020
02:32 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I would enter a mock K-1 based on the relative. Enter all zeros, but then you can fill out the section for the Self Employed Heath Insurance deduction.
johnoc
Level 3
01-19-2023
12:23 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Does this guidance still apply to 2022 tax returns?
So, the non-owner due to attribution rules whose health insurance is added to the non-owner W-2 federal and state gross wages only, will have to continue to create a MOCK k-1 at individual level??
thanks,
