My apologies. Based on your previous reply I thought you had figured it out. Regardless of whether you had a Marketplace plan and received a Form 1095-A or not, the deduction goes on Line 17 of Schedule 1. I can't explain why the program is not transferring you deduction amount to Schedule 1. The reason the program tells you not to enter marketplace insurance in the Business Expense section is to make sure the correct amount is reported. I suggest you calculate the amount of your deduction and enter it in the business expense section. To do so in TurboTax Desktop;
- Go to the Business Tab
- Click on "I'll choose what I work on"
- Click Update for Business Income and Expenses
- Click "Edit" next to your business
- Scroll to "Business Expenses"
- Update or Start "Other Common Business Expenses"
- Update or Start "Insurance Payments"
- Add your net cost for Health Insurance
Be sure to adjust your premium amount for any additional Premium Tax Credit received or excess payment repayed, which will be reported on Form 8962, line 26 or 29.
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