Janitor Bob Posted March 30, 2008 Report Posted March 30, 2008 Client is a sole proprietor....event planning. She paid health insurance through an individual policy....Can this, in any way, be deducted....First time I have ever had this particular situation. She was NOT eligible for any other insurance plans. Quote
jklcpa Posted March 31, 2008 Report Posted March 31, 2008 JB, after sch C is set up and input, then use the worksheet for line 29. Choose the sch C as the related business. The worksheet will properly calc the deduction and will also limit line 29 deduction if net earnings are < the premiums paid. It will also automatically carry the excess to sch A Quote
Janitor Bob Posted March 31, 2008 Author Report Posted March 31, 2008 line 29 on 1040 Wow....thanks...this time of year some of the obvious seems so difficult Quote
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