dk82
Level 3

Get your taxes done using TurboTax

@jknr@SS77771

 

I believe we may have encountered the same issue. I use Turbotax Online and had a Schedule C plus 1095-A. This resulted in an erroneously blank Line 1, 3 & 14 on Form 7206, but correct value on Schedule 1 Line 17.

 

My workaround was to go to Deductions -> Form 1095A and uncheck the box "I'm self-employed and bought a Marketplace plan." This alone will remove the 7206 but also remove the deduction from Schedule 1.

 

Then I went to Wages & Income -> Self Employment -> Add Expenses -> Health Insurance Premiums and entered the total premiums paid. This will generate a correct Form 7206 and and restore the deduction to Schedule 1.

 

Note that if you received an insurance subsidy on your 1095-A, you'll need to take extra care in entering the proper deduction. Mine was straightforward without a subsidy, and I confirmed that all values on Schedule 1, Schedule C, and Form 8962 (1095-A) still matched post-workaround.

 

Disclaimer: This was just my personal workaround and is not official advice.