jmr_new
Returning Member

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This response re:  F 7206 does not seem correct.  See "How to figure the deduction" (middle of column 2 of form instructions), which states that generally you can use the worksheet in the F 1040 instructions to figure the SE health insurance deduction.  It goes on to list certain limited circumstances where you "must" use F 7206. which include just the following:

  • More than 1 source of income subject to SE tax
  • F 2555 is presence
  • Claiming amounts paid for LT care insurance

I would guess that most individuals claiming the SE health insurance deduction would NOT need to complete F 7206.