Thank you for getting back to us here in the Community, @ialam.

Allow me to join the thread and help share additional information about setting up an S-Corp Owners Health Insurance in Quickbooks Online (QBO).

The S-Corp item mentioned by my colleague JanyRoseB, is the S-Corp Owners Health Insurance that must be added to the pay type of the employee. The steps to add the S-Corp owners health insurance pay type was also provided above.

For additional reference, you can also check this article: To add the S-corp owners health insurance pay type for an employee.

Please know that I'm always here to help you if you have any other payroll concerns, just add a post/comment below. Wishing you the best!