Get your taxes done using TurboTax

DawnC and VolvoGirl, 😍 thank you BOTH for coming to my rescue. It sure takes a village!!

 

For those who are in a similar situation where you're self-employed, bought 1095-A Marketplace Health Insurance AND would like to take the Self-Employed Health Insurance (SEHI) Deduction on Schedule 1, line 17 but it wouldn't auto-fill... OR when it auto-fills, the numbers are duplicated on Schedule A and Schedule 1. Here's WHY and the SOLUTION.

 

As mentioned by Dawn C, IF your business is a LOSS, you can't take the SEHI, that is why it won't populate. THEREFORE (with Form 1095-A), if you have multiple businesses, make sure you FIRST (THIS IS KEY) link to a business income that has a PROFIT. In my case, it's my  K-1 S-Corp business.  I didn't know (have Schedule C and Schedule E businesses, and both were LOSSES) and I had linked to them first (as I wasn't aware it mattered).  It wouldn't autofill on Schedule 1 to take the SEHI. When I later tried to link to my K-1 profitable business, it still wouldn't auto-fill Schedule 1, Line 17. There's probably a bug in the TurboTax software (boo!), so that if you made a mistake and clicked on a business loss (in my case Schedule C or E), it is unable to undo itself, as much as I tried linking the 1095-A to the K-1 business. It kept showing up on Schedule A as a Medical Expense (which you won't get the full deduction as there is a threshold to meet) and I was unable to OVERRIDE on Schedule 1, Line 17.

 

I followed DawnC's instructions, except in my case Sch K-1 business, for Box 17, I entered V, then clicked CONTINUE (there wasn't an AD option in my dropdown) and in my previous year, I had a "V" so I kept the same.  Click on the box that says "I personally paid for health insurance...." and CONTINUE.  Then enter the Medicare Wages (box 5 of W2) and Health Insurance Premiums you paid boxes (in my case, the monthly premiums I paid x 12, plus the return of premium credit). Disregard the footnote that tells you not to enter Marketplace Health Premiums. This is the ONLY easiest workaround that will get you your deduction AND be able to enter your 1095-A data to properly calculate if your Premium Credits were properly calculated and taken.

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IMPORTANT
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As helped by VolvoGirl, TT will enter your 1095-A premiums paid in Schedule A Medical Expense portion AND LINK to Schedule 1 Line 17 (which then showed duplicated values).  I had to MANUALLY REMOVE LINK at Form 1095-A so it's not attached to any businesses (since I have manually entered the Premiums in Box 17 of Sch K-1), AND MANUALLY REMOVED Schedule A Line 1 Medical Expense Worksheet for Health Insurance Premiums so that it is not double inputed in your return and mess up calculations.

This is ultimately a TurboTax bug which they have clearly NOT FIXED over the last 2 years as I've read too many posts expressing similar frustrations. When 1095-A is linked to a business, it populates on Schedule A as well as Schedule 1, which should NOT be the case. I share the same sentiment, that I have paid for TurboTax for ease of a tax return, only to have wasted my whole day (as of this writing, 14 hours) working around and testing, so that I can file. Hope this helps people so they don't have to troll the internet for 7 hours before help came. Thank you ALL for helping!