Should Self Employed Health Insurance deduction show as a reduction in the Qualified Business Income? I have it entered and it shows up on Form 1040 Schedule 1 Line 29 but is not being carried over (as self employment tax does) to the Qualified Business Income Component Worksheet. Is this a program error?
You'll need to sign in or create an account to connect with an expert.
No, the insurance deduction has nothing to do with Qualified Business Income Deduction.
Here is a very good FAQ about the QBID. See
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
wagsyardsolution
New Member
kirbyfred
New Member
rickmjonesperez
New Member
laurie9916
New Member
killian-paige15
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.