Janitor Bob Posted March 30, 2008 Report Share Posted March 30, 2008 Client is a sole proprietor....event planning. She paid health insurance through an individual policy....Can this, in any way, be deducted....First time I have ever had this particular situation. She was NOT eligible for any other insurance plans. Quote Link to comment Share on other sites More sharing options...
fredazcpa Posted March 30, 2008 Report Share Posted March 30, 2008 line 29 on 1040 Quote Link to comment Share on other sites More sharing options...
jklcpa Posted March 31, 2008 Report Share Posted March 31, 2008 JB, after sch C is set up and input, then use the worksheet for line 29. Choose the sch C as the related business. The worksheet will properly calc the deduction and will also limit line 29 deduction if net earnings are < the premiums paid. It will also automatically carry the excess to sch A Quote Link to comment Share on other sites More sharing options...
Janitor Bob Posted March 31, 2008 Author Report Share Posted March 31, 2008 line 29 on 1040 Wow....thanks...this time of year some of the obvious seems so difficult Quote Link to comment Share on other sites More sharing options...
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