So has anyone reported a bug to Intuit, since it will correctly calculate a limitation to your self employment HID on line 13 of form 7206 and then exceed that limit when it optimizes the split between ACA subsidy and SEHID as part of the process of completing form 8962 (the IRS iterative method I believe)?
I have 38,010 profit on my schedule C. Deductible SE taxes are $2686. I have a Solo-401K contribution of $25,000 planned, but TT is coming up with a SEHID of $13,252. These total to $40,938 which is almost $3K more than the profit.
On Form 7206, it calculates a limit of $10,324, but combining the ACA premium and my dental and long term care premiums comes to $13,252.
I am thinking I should reduce the Solo-401K contribution to $22,000. Any thoughts?
