pkm1
Level 3

Get your taxes done using TurboTax

If you have self employed health insurance deductions you must wait until TT finalizes the form 7206. It is filed out in TT with a red flag warning that it is not yet ready for use. I have seen on several blogs that people are deleting the form so that they can e-file early. Although I believe form 7206 will not affect most returns, unless it is included you stand to incorrectly take the self employed health insurance tax deduction when you may not be entitled to do so. This is a new form and so that noting it was not present on 2022 returns does not matter it is necessary for 2023.