hlecpa
Level 2
04-01-2019
01:36 PM
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Why isn't the self employed health insurance premium, for a greater than 2% shareholder reported thru the S-corp K-1, being deducted from the Qualified Business Income calculation.
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itonewbie
Level 15
04-01-2019
01:48 PM
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Are you looking at 1065 preparation or 1040?
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Still an AllStar
Still an AllStar
sjrcpa
Level 15
04-01-2019
08:56 PM
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At the S corp level, because it is already deducted as wages to arrive at net income?
On the 1040 because it is already excluded from QBI?
The more I know the more I don’t know.
