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Get your taxes done using TurboTax
I forgot to disclose that info: My business income on line 12 is about $74117. I see the $13178 on line 1 and $6925 on line 4 of Schedule A.
I tried something: If I add $11000 additional income anywhere on 1040, then I get the full $13776 premium deduction on line 29. This is very strange! Turbotax is not allowing the AGI to fall below the poverty threshold (about $80400). This is why it is limiting the deduction on line 29. This is how I know Turbotax is not calculation line 29 correctly.
I tried something: If I add $11000 additional income anywhere on 1040, then I get the full $13776 premium deduction on line 29. This is very strange! Turbotax is not allowing the AGI to fall below the poverty threshold (about $80400). This is why it is limiting the deduction on line 29. This is how I know Turbotax is not calculation line 29 correctly.
‎June 12, 2019
1:05 PM