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How can I increase line 29 on 1040 to include dental premiums if that field filled in from entering the 1095-A question and I'm self employed.
I made more self-employment income than I expected and lost my state health insurance subsidy. The program filled in the amount of the health premium I will be paying on line 29 (from my entry of the form 1095-A statement). However, I also have dental premiums and I don't know how to add these to the amount reported on line 29 to get the full benefit of paying premiums.
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How can I increase line 29 on 1040 to include dental premiums if that field filled in from entering the 1095-A question and I'm self employed.
Form 1095-A information entered in the Health Insurance tab will automatically transfer to your Schedule C if you link it to your business but any medical or dental insurance which was not entered and accounted to your self-employment can be entered in your self-employment section.
To check that area in the online version:
· In the online Self-Employed version of Turbo Tax
· Click on Federal, in the left menu
· Click on Income and Expenses, at the top
· You may see a prompt for Self-Employment, but if not
· Click on Check for More Income and See All Income
· Scroll down to the Self-Employment section with the blue person icon
· Click on Show More
· And Revisit
· Click on Edit by the name of your business
· Scroll down and click on the blue Add Expenses for this Work
· Scroll down and click on the blue triangle by Less common expenses
· Scroll down to select Health Insurance
· Click on Continue at the bottom right
In the Home and Business Turbo Tax, from CD or download to your desktop
· Click on the Business tab
· Then Continue and I'll choose what to work on
· In the Business Expenses area, click Update or Start
· By Profit or Loss from a Business
· Click on the Edit button for the name of your business
· Click Start for Business Expenses
· Click on Start for Other Common Expenses
· Click on Insurance Payments
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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How can I increase line 29 on 1040 to include dental premiums if that field filled in from entering the 1095-A question and I'm self employed.
Form 1095-A information entered in the Health Insurance tab will automatically transfer to your Schedule C if you link it to your business but any medical or dental insurance which was not entered and accounted to your self-employment can be entered in your self-employment section.
To check that area in the online version:
· In the online Self-Employed version of Turbo Tax
· Click on Federal, in the left menu
· Click on Income and Expenses, at the top
· You may see a prompt for Self-Employment, but if not
· Click on Check for More Income and See All Income
· Scroll down to the Self-Employment section with the blue person icon
· Click on Show More
· And Revisit
· Click on Edit by the name of your business
· Scroll down and click on the blue Add Expenses for this Work
· Scroll down and click on the blue triangle by Less common expenses
· Scroll down to select Health Insurance
· Click on Continue at the bottom right
In the Home and Business Turbo Tax, from CD or download to your desktop
· Click on the Business tab
· Then Continue and I'll choose what to work on
· In the Business Expenses area, click Update or Start
· By Profit or Loss from a Business
· Click on the Edit button for the name of your business
· Click Start for Business Expenses
· Click on Start for Other Common Expenses
· Click on Insurance Payments
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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