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Business & farm
I have an add on question. My wife and I have a husband-wife 50/50 business as described in the original post and we have been submitting two schedule C's with revenue and expenses split evenly for the past 5 years. We also live in King County within the State of Washington. As such we had to buy our healthcare insurance through the Healthcare Exchange. We paid full price four our premiums and received a 1095A form. The issue we are having is that in Turbo Tax Home & Business the software is only allowing us to apply the premiums we paid against one schedule C (ie. half of the business). So we are in effect only getting half the credit and not realizing the full tax benefit. This seems to be an issue with Turbo Tax. Does anyone have a suggestion as to how to get around this issue?