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Form 7206, Schedule D, and SEHD not calculating correct?
Taxes were inputted into TT. The note at the bottom of Form 7206 had what I believe is the correct amount for the self employed health care deduction. This amount shows up on Schedule 1, line 17. All good.
I got a 1099-B for a small, $25 MF sale (Vanguard Fee) that has a gain of $19.63. This is my only 1099B. I add it into Turbotax and my refund drops by $630. That can't be correct. I chased it down and the non-transparent calculation on Form 7206 for the SEHD is now $2,083 lower. Something is not right here. Any thoughts on how to fix this.
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March 28, 2024
7:56 PM