S-Corp and HI

[oceanlovin'ea]

Just to clarify

So the shareholder/employee's health insurance must be run through the s corp books or it is not allowed as an adjustment on page 1 of the 1040. Is that a correct statement?

Linda F

[Bees Knees]

So the shareholder/employee's health insurance must be run through the s corp books or it is not allowed as an adjustment on page 1 of the 1040. Is that a correct statement?

Linda F

Yes,

I would interpret the ruling to mean that.

[oceanlovin'ea]

Bee Knees

Thanks. Sometimes it helps to have it in a simple form, even if it only the beginning of tax season.

Linda F

[S T]

S Corp HI

The S corp Health Insurance for greater than 2% shareholder has been almost as challenging as the dependents and HOH conversation.

Thank you all for participating!

Sandy