TaxGuyBill
Level 15
09-12-2021
03:37 PM
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For a S-corporation shareholder, the Self Employed Health Insurance deduction is limited to the person's regular wages from that corporation, which is Box 5 of the W-2 (for a Schedule C business the deduction is limited to the profit of the business). Until you fill that out, the program limits the deduction to $0 (zero wages equals zero deduction).