- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
This is not working on my tax return. Form 1095-A column A is $8,375, Column C is $4,884, and I am due a premium tax credit of $406. Using your explanation, my self-insured health deduction should be $3,085. However, it is being calculated as $2,873, a number that I cannot find on any schedule or worksheet provided by Turbotax. In addition, schedule 7206 Self-Employed Health Insurance Deduction shows zero on the final line 14.
I do not file electronically, but I print out the forms and mail in my return. Should I include schedule 7206 even though it does not relate to the actual calculation of the deduction?
Please let me know why there is a difference in the calculation, and which is correct.
March 12, 2024
9:52 AM