K-1 Medical Insurance

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  • gman
    Senior Member
    • Dec 2005
    • 676

    #1

    K-1 Medical Insurance

    1120 s k-1 box 17 Code T medical insurance premiums for more than 2% shareholder can
    be deducted on front page of 1040 if shareholder rec'd w-2 from this corp? Is this correct?
  • cpabsd
    Junior Member
    • Apr 2007
    • 7

    #2
    Yes, provided the health insurance is in the name of the business.

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