jhbvtacpa
Level 5
01-13-2024
06:57 PM
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Happy TY2023 to all!!
Client's K-1 shows as follows:
Limited partner
Self-employment earnings in 14A and total guaranteed payments in 4C are equal amounts
Medical insurance premiums paid shown in Box 13, code M
Are these payments considered a self-employed insurance payment (Schedule 1, line 17) or a medical expense shown as an itemized deduction?
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