1065-US: Entering health insurance for partners (FAQ)

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Question

How do I enter health insurance for partners?

Answer

Enter the health insurance premiums in the Guaranteed payments: Health insurance field in Screens 4835-2, F-2, Inc, K-2, OGWell, and Rent. UltraTax CS automatically includes this amount as a guaranteed payment deduction on the related activity. The amounts are also included on Schedule K, lines 4 and 13d; and Schedule K-1, boxes 4 and 13, code M.

Enter the portion of health insurance that does not represent guaranteed payments in the Other health insurance field in Screen K-2.

Related topic: Guaranteed payments FAQs (1065)

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