David Posted August 1, 2015 Report Share Posted August 1, 2015 S Corp officer is the only shareholder in the company. In the past he has been taking the above the line health care premium deduction.He just hired an employee who has been getting his health care on the exchange. The company is not providing insurance for him.I don't think the shareholder can claim the deduction anymore since the company doesn't offer health care benefits to all. Is this correct?Therefore, the shareholder can only take the health care premium deduction on Sch A?Thanks. Quote Link to comment Share on other sites More sharing options...
Jack from Ohio Posted August 2, 2015 Report Share Posted August 2, 2015 You are correct. Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted August 3, 2015 Report Share Posted August 3, 2015 We're hoping the law will be changed by year end. A lot of business groups are pressuring congress to permanently fix this like they did for 2014. Quote Link to comment Share on other sites More sharing options...
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