SEHI for Rent

[Snaggletooth]

Straightforward enough. Thanks.

[Rapid Robert]

Let's see, I wonder if the IRS has instructions that discuss this.

One of the following statements must be true.

• You were self-employed and had a net profit for the year reported on Schedule C or F.
• You were a partner with net earnings from self-employment.
• You used one of the optional methods to figure your net earnings from self-employment on Schedule SE.
• You received wages in 2021 from an S corporation in which you were a more-than-2% shareholder. Health in-surance premiums paid or reimbursed by the S corporation are shown as wages on Form W-2.

Whether or not a taxpayer with "substantial rental income" satisfies any of the 4 conditions is left as an exercise for the reader.

[Snaggletooth]

If a taxpayer has substantial rental income (such as classified as a business for QBI), can he deduct self-employed health insurance as an adjustment??