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Deductions & credits
The sum of the portions of lines 27, 28, and 29 on Form 1040 attributable to your wife's self-employment business cannot exceed her net profit from self employment calculate on Schedule C line 31. TurboTax is imposing this limit via the calculations on the Self-Employed Health and Long-Term Care Insurance Deduction Worksheet.
‎June 1, 2019
12:05 AM