Welcome back! Ask questions, get answers, and join our large community of tax professionals.
  • Sign In
  • Elevate 2026 Pencil Banner
    cancel
    Showing results for 
    Search instead for 
    Did you mean: 

    Section 199A

    hlecpa
    Level 2

    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.

    0 Cheers

    This discussion has been locked. New comments cannot be posted on this discussion anymore. Start a new discussion

    2 Comments 2
    itonewbie
    Level 15

    Are you looking at 1065 preparation or 1040?

    ---------------------------------------------------------------------------------
    Still an AllStar
    0 Cheers
    sjrcpa
    Level 15

     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.
    0 Cheers