The self-employed health insurance deduction is also available to a partner in a partnership and to a shareholder in a Subchapter S corporation who owns more than 2% of the stock in the corporation.

Question

Quizplus · Accepted Answer

This statement is true. Partners in partnerships and shareholders in Subchapter S corporations who own more than 2% of the stock are considered self-employed for tax purposes and are eligible for the self-employed health insurance deduction.

The Self-Employed Health Insurance Deduction Is Also Available to a Partner