- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
A self-employed health insurance adjustment is listed in Line 16 of Schedule 1. What is meant by an adjustment is that this will reduce taxable income in your return so that you will have less tax liability. This is normal as this how your self-employed premium is handled on a federal tax return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 21, 2021
1:37 PM