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Level 5
October 5, 2022
Solved

How do you enter self employed health insurance when the tp has a K-1 instead of a Sch. C . The shareholder is a more than 2% owner

  • October 5, 2022
  • 2 replies
  • 19 views
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Best answer by TaxGuyBill

Open the K-1 worksheet.  Just above Box 1 there is a "Quickzoom" to enter health insurance.

But be sure to verify that the corporation paid for it (either directly or by reimbursement), and that it was added to Box 1 of the W-2.

2 replies

Just-Lisa-Now-
Intuit Community Champion
October 5, 2022
Use the green Where Do I Enter button and type in SELF EMPLOYED HEALTH you should see a link to the 1120S K-1 entry point
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
gfpstaxesAuthor
Level 5
October 5, 2022

That didn't bring any results. You do realize that I'm not working on a 1120-S, I'm working on an individual who has a K-1 from the S-Corp?

 

Level 15
October 5, 2022

Open the K-1 worksheet.  Just above Box 1 there is a "Quickzoom" to enter health insurance.

But be sure to verify that the corporation paid for it (either directly or by reimbursement), and that it was added to Box 1 of the W-2.

BobKamman
Level 15
October 5, 2022

It always takes me a few minutes to find that.  The program mostly leads you around in circles.  Try something that is counterINTUITive and it will likely work.