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Problems getting Turbotax to Deduct Self Employed Health Insurance fron Net Income
Turbotax 2022 won’t deduct any of my self-employed health insurance of $15,082 against my net self-employment income of $15,096 (after half of the SEP tax deduction). Instead, it tells me under “Less Common Business Situations, Self employed Health Insurance” that the amount of $15,082 has been moved to Schedule A, where I do not want it since I need it deducted against my SE income to achieve a lower AGI and lower taxes. I cannot find a way to fix this. I have no self-employed retirement contribution (e.g. 401K) reductions against my income. Apparently, the program thinks I have no net self-employment income. It seems to be locked into this result and won’t let me change it. How can I fix that? My insurance premiums are straightforward. They are not associated with the affordable care act and do not involve a 1095.
I am running the 2022 tax program on an estimated basis for my 2023 taxes, but it should still work correctly.