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

[mchughriley-ltd]

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

[TaxGuyBill · Accepted solution]

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).

[Kevin1]

I think your images are outdated.  "QuickZoom to enter Health Insurance Premiums" paid is no longer in this location

[sjrcpa]

He posted it a year ago.

[abctax55]

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.

[Lynn]

Health insurance "medicare" cost, not "medical" cost...

[abctax55]

@TaxGuyBill @Just Lisa Now!  - did I misread the OP, or did it get changed?     
Maybe I need to visit the eye doctor 🙂

[TaxGuyBill]

I don't THINK it changed.  I had read it as "Medicare", but the doesn't necessarily mean that is what it actually said.   :smile:

[abctax55]

Thx...calling for an appointment now.  That, or I need to read for comprehension 🙂

[Just-Lisa-Now-]

I read medical costs...that might not be what it said....LOL   I always expect medicare to be capitalized, my computer shows its a spelling error until I put the capital M at the front.

[mchughriley-ltd]

TaxGuyBill got it correct, thank you!