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An Ugly Rule for Owners of S Corporations Deducting Health Insurance

June 3, 2023

“An Ugly Rule for
Owners of S Corporations
Deducting Health Insurance”

To get my complete, FREE article
with all the details…

Are you running an S corporation?

Then be aware of an ugly rule that applies to how you deduct the cost of the health insurance you put on your W-2.

Here’s the problem.

If you are an S corporation owner who wants to deduct your health insurance as a self-employed health-insurance deduction on Schedule 1 of your personal Form 1040, you have to handle important “earned income” issues.

If you don’t, you’ll get ugly results (hence the “ugly rule”). I’ll explain this in detail when you read my new article.

The bottom line.

The “ugly rule” is ugly because if you don’t follow it, you may not be able to get your valuable deduction!

Yes. This is a real problem.

That’s why I’ve carefully explained everything in my new article using real-world examples. Don’t miss them!

If you want to deduct health insurance (and  you should!), take a minute and do the smart thing…

CLICK HERE and read my completely new article titled:

“An Ugly Rule for
Owners of S Corporations
Deducting Health Insurance”

Filed Under: Employees, Filing tips, Insurance, Medical (for 105 plans see Section 105 medical plan), Section 105 medical plan, Spouse, Tax Planning

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