Marie Posted February 16, 2010 Report Posted February 16, 2010 Partner pays his own health insurance. When I bunny hop from line 29 and put on that worksheet, my profits from the K-1 havent flowed to that page, so it gives me no deduction. The name of the ptrshp is in the upper box, but do I have to put something on the K-1? I just can't find, and I don't like to override. Any help? Quote
mcb39 Posted February 16, 2010 Report Posted February 16, 2010 You don't have to put anything on the K1....click on the name of the business and then put the amount of the SE Health Insurance paid by the client on Line 1. The line is blue so no overriding is necessary. Quote
Marie Posted February 16, 2010 Author Report Posted February 16, 2010 I did put in the amount, I guess what doesn't flow is the Partnerships income so that the health insurance premiums are deductible on the front page. On the line where the profit goes and there is a bunny hop to the K-1, but I don't know what to do from there. Line 5 of the Line 29 worksheet stays blank. Quote
kcjenkins Posted February 17, 2010 Report Posted February 17, 2010 Is this a K1 from a 1065 or from an 1120S? If it's an 1120S you have to go to line 11 while if it is from a 1065 it should automatically populate line 5 when you select the partnership name. Quote
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