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Level 3
April 1, 2019

Section 199A

  • April 1, 2019
  • 2 replies
  • 9 views

Why isn't the self employed health insurance premium, for a greater than 2% shareholder reported thru the S-corp K-1, being deducted from the Qualified Business Income calculation.

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2 replies

itonewbie
Level 15
April 1, 2019

Are you looking at 1065 preparation or 1040?

---------------------------------------------------------------------------------Still an AllStar
sjrcpa
Level 15
April 2, 2019

 At the S corp level, because it is already deducted as wages to arrive at net income?

On the 1040 because it is already excluded from QBI?

The more I know the more I don’t know.