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It appears that my self-employed health insurance premium is being incorrectly double counted by turbo tax software and the numbers in Q&A do not match drill down.
We paid $6480 of self-employe health insurance premiums in 2016. However, line 29 of the 1040 deductions shows $12,960 - so this figure is somehow double counted in questionnaire. I only see the correct amount of $6,480 on Schedule C "Health LTC Wks" - so this worksheet does not match the $12,960 on line 29.
I also see the incorrect 12,960 number in the Q&A in "self-employed health insurance" under business income and expenses...but when I click on "Update", it states "We have deducted from your income, $6,480 of allowable self-employed health insurance attributed to your Schedule C."
I'm not sure how this item is being double counted. Is there another source for this number in the Q&A that could cause it to be double counted?
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‎June 6, 2019
4:07 AM