1040-US: Include Medicare premiums in the calculation of the self-employed health insurance deduction

  1. Open the
    SSA-1099
    screen in the Retirement folder.
  2. Enter the corresponding self-employed form/schedule, and if applicable, unit number.
  3. The application will report amounts entered in the
    Medicare premiums
    ,
    Prescription drug (Part D) premiums
    or
    Medicare Premium Total (RRB-1099)
    fields on line 1 of the Self-Employed Health Insurance Deduction Worksheet.
    If Medicare premiums included for SE health deduction purposes are limited by net self-employment earnings, the excess is reported on Schedule A, line 1.
    note
    To enter medical insurance premiums paid on behalf of a greater-than-2-percent shareholder, use the W-2.

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