S Corp owner & SE health insurance deduction

[Angela1111]

Hi All!  I have an S-corp more than 2% owner that pays himself via W2.

He's got insurance off the marketplace.  I'm linking the K-1 to the 1095-A but it's still not calculating a SE health insurance deduction. It's just showing the premiums on Schedule A.  Are S-Corp owners not allowed to take the SE health insurance deduction if they pay themselves as an employee??  I must be missing something. 

[TaxGuyBill]

One of the K-1 worksheets asks for the Medicare Wages from the W-2 for the health insurance deduction.  You need to fill that in.

[Angela1111 · Accepted solution]

found it! Thank you sooo much!!!!!

[qbteachmt]

To clarify: "if they pay themselves as an employee??"

They Have To do this. That is not optional.

[Angela1111]

Yes, I'm aware.  I was just saying paying themselves W2 wages vs draws. thanks for the help!

[qbteachmt]

"I was just saying paying themselves W2 wages vs draws."

There is no such thing as Draws, here. You cannot Draw from a corporation, and you cannot take only distributions if you work for the entity, as well as being a shareholder.

There is no If, Vs, or any other qualifying statement.