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December 26, 2024
Question

Lacerte is not picking up the S Corp health insurance deduction on Screen 20

  • December 26, 2024
  • 0 replies
  • 4 views

H & W are each 50% shareholders of an S corp.  S Corp picks up heath insurance premiums paid for both of them in their respective S corp W-2s.

Lacerte screen 20 re their individual income tax returns is only picking up the health insurance as a deduction on line 17 under self-employed health insurance premiums paid by or on behalf of the shareholder for the first shareholder.  It is ignoring this input for the second shareholder. 

The only way to make this work is to pick up the total amount of said health insurance premiums for both shareholders on the screen 20 input for the first shareholder.  This needs to be fixed.

 

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