Business & farm

The red text is to alert you. You have an amount on Schedule 1, line 16, for 2023. It's attributable to the same activity for which you are now taking the self-employed health insurance deduction. It needs to be entered on line 9 of the 7206

 

 

to explain your self-employment health insurance deduction is limited to your net is after the retirement plan contribution and the retirement pakn deduction is limited to your net SE income after the SE health insurance deduction. in short, the deduction for one may depend on the deduction for the other,