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April 15, 2020
Question

I am self employed independent contractor (1099 msc) and also a member of an llc who pays un-reimbursed expenses incurred in llc and I receive a K-1 for that. Do i report my health insurance premiums in one or both? If only one, which one? Thanks

  • April 15, 2020
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April 15, 2020

I assume the LLC did not pay your insurance premiums, so you should deduct them only in the self-employment income and expense section in TurboTax.

 

If you have health insurance through the government exchange, you should enter your form 1095-A information and indicate that you are self-employed.

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