I am self-employed. I pay for my own healthcare on the exchange. I receive no premium tax credits to help pay for the premiums.
My total healthcare premiums (regular and long-term care) equaled $14,491. That is what I entered on the Self-Employed Health and Long-Term Care Insurance Deduction Worksheet.
However, Turbotax filled in $27,559. on line 16 Schedule 1 of the Adjustments to Income section. Turbotax added the note: “A self-employed health insurance adjustment of $13068.00 from premiums paid through an exchange is included as an adjustment to income but does not appear on these worksheets.”
Adding this extra amount is incorrect, but I cannot find a way to delete the extra amount Turbotax added. How can I correct my tax returns?!
