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Get your taxes done using TurboTax
I also have complaints about this section. It doesn't seem like TurboTax has this correct. First of all, self-employed health insurance deduction is an above the line deduction, an adjustment to income. See 1040 instructions for Schedule 1, Line 16. I meet the criteria and the premiums were reported as wages on my W2 in box 1. However when I go to enter the self-employed health insurance premiums below income, in the Other Business Situations section, it says that this is deducted on the W2 or K-1 (or something like that) and there isn't a place to enter the amount. This needs to be fixed.
‎February 10, 2021
10:09 PM