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Calculation of self employed health insurance deduction
I'm trying to figure out how Turbo Tax has calculated my self-employed health insurance deduction. I entered the amounts from my schedule 1095-A and received a tax credit. Nowhere did I enter the actual premiums that I paid. Turbo Tax has calculated a self-employed health insurance deduction, which I thought would have been the amount of premiums that I actually paid less the tax credit amount, which it is not. Can anyone tell me how the health insurance deduction is calculated by Turbo Tax based on the the amounts entered from Form 1095-A?
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‎February 6, 2023
11:00 AM