My husband has health insurance through his company, so I entered his premiums that he paid on Schedule A.
I have health insurance for myself and my son through Covered California. I have W-2 income as well as self-employment income. I'm trying to reduce my self-employment income to zero, by applying a portion of my health insurance premiums to Schedule C, and the remainder going to Schedule A.
In years I didn't have Covered California, this happened automatically. This year it's not working. Turbo Tax is applying the entired amount I paid to Schedule A, and I'm paying tax on my self employment income.
I entered the premiums on the Affordable Care Act schedule - but it doesn't indicate that I am paying the premiums. It doesn't ask if the ACA is for myself or my husband.
Any help would be greatly appreciated.
