According to my records I paid $9,101 directly to the insurer + 6,479 repayment due to excessive PTC for a total of $15,508.
TurboTax states:
"A self-employed health insurance adjustment of $11,825.00 from premiums paid through an
exchange is included as an adjustment to income but does not appear on these worksheets."
My income form the Schedule k-1 far exceeds the insurance cost.
Update: I calulate it manually and I get a deduction on $15,309 after 5 iterations assuming I did it right.
Why is there a such a large difference? I understand that this is a circular calculaion but shouldn't the numbers be closer?
