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TT Programming problem with self-employed health insurance premium deduction calculation
On my QBI smart worksheet in Schedule C, line 5a has the premiums paid for self-employed health insurance. However, the number is wrong. It's populating the premium deduction with Form 7206 line 13 instead of line 14. So TT is putting in $12,672 for premiums when it should be $5,264. When I click the zoom button next to the $12,672 in Line 5a, it jumps to line 14, which is $5,264. SO WHY DOES 5a say $12,672? Also, my 1040 Worksheet Part II line 17 is also populating with $12,672. Every time I fix it, it seems okay, but when I do the final review, it goes back to the wrong number every time. The mistake is hundreds of tax dollars. How do I fix this permanently?
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‎February 26, 2025
8:00 PM