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Level 2
December 6, 2019
Solved

In pro series, where do your enter health insurance costs, included in w-2, of 100% owner of s-corp, in order to take deduction before agi

  • December 6, 2019
  • 10 replies
  • 71 views

also, where do you input owner's medicare costs, so that its reported on line 29, self employed health insurance deduction?

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Best answer by TaxGuyBill

On the K-1 worksheet, right above Line 1, there is a "Quickzoom" to enter health insurance.  That brings you to the very bottom "K1S Addl Info 1" worksheet, where you can enter it (just be sure to also enter the W-2 Medicare wages there).

10 replies

December 6, 2019

On the K-1 worksheet, right above Line 1, there is a "Quickzoom" to enter health insurance.  That brings you to the very bottom "K1S Addl Info 1" worksheet, where you can enter it (just be sure to also enter the W-2 Medicare wages there).

Level 3
December 6, 2019
I think your images are outdated.  "QuickZoom to enter Health Insurance Premiums" paid is no longer in this location
abctax55
Level 15
December 6, 2019

Owners medical *costs* are not insurance & aren't deductible above the line. (EDIT...just ignore me, 'kay - misread the post)

I don't use PS, so someone else will need to wander by with the "where to enter" answer.

HumanKind... Be Both
Level 3
December 6, 2019
Health insurance "medicare" cost, not "medical" cost...