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Health insu. for self employed

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    Health insu. for self employed

    Client = S corp

    Helath insu = $7,000 on K-1

    W-2 = Box 1, 3, 5 are same. It means healh insu. is not included in Box 1
    Should I take deduction on Line 29 of 1040?.

    Same thing last year (2005). Some one took it.

    Thanks!

    #2
    My standard answer is

    File a W2c and report it properly.

    Comment


      #3
      Otherwise, it will go on Sch A
      Dave, EA

      Comment


        #4
        Originally posted by veritas View Post
        File a W2c and report it properly.
        I did not prepare W-2. So I guess I will have to put on sch A as other person replied.

        Thanks!

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