I'm preparing an 1120S for an S-corp that is a general partner of an LLC taxed as a partnership. On the K-1 issued to the S-corp is the following:
Schedule K-1 Line 20AH - Additional Supplemental Information
Health insurance $24,606
401K Plan Elective Deferral and Match $34,700
The partnership does have W-2 wages but, obviously, the S-corp is not an employee. How should I handle the above?
Thanks so much for your help!