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Level 3
March 13, 2020
Question

QBI and self employed health ins

  • March 13, 2020
  • 1 reply
  • 14 views

S corp & and or P k-1 has self employed health ins.   I know where and how to enter SE health ins on the k1 date entry screen.  How do I get the self employed health insurance to be subtacted from the QBI?  There appears to be many different options, absolutely no instructions, and no posts regarding thsi issue.  I am thinking the best place to enter it is manually on (as an example)  Partnership k-1 screen , Section D2 Qualified Business Income Deduction Info, line
E. 7.  Note this is after line E. 5 "self employed deductions connected to this business".  It has to be after E.5.d 1/2 se tax cause otherwise it screws up the 1/2 se tax calculation.

Main Question: Is this the best place to enter SE Health ins in regards to reducing QBI?

Second question to ProSeries.  Why do you not nave a line item under E.5 for self employe dhealth insurance, AND why is not in diagnostics or some other method of alerting the user?

Thank you.

Tony

This topic has been closed for replies.

1 reply

Level 3
February 11, 2023

I have the same question....  did you every receive an answer ?

Level 15
February 11, 2023