My wife and I both have Schedule C businesses. This year her business is the sponsor of our medical insurance plan. She had gross revenues of 21,136 and expenses (exclusive of medical and LTC insurance) of 9,264 leaving 11,872. Medical and LTC insurance premiums were 17,323. I would say that the entire remaining amount of 11,872 should be applied to the 17,323 of medical and LTC premiums and the remaining 5,451 of medical and LTC premiums should be transferred to Schedule A. For some reason, it appears that instead TT transferred 9,270 to Schedule A. Why is this? Thanks.
... doug
