@MichaelG81 Thank you so much for your reply. That is definitely a relief on the no penalty for 2022.
I've been working on understanding those worksheets from the IRS. On the 2023 Self-Employment Tax and Deduction Worksheet, for line 1a, is the expected income subject to SE tax just the income I received from being self-employed minus business expenses? Do I need to also subtract health insurance premiums here, or is that only for AGI?
I know the form says to find this number on the Schedule C, but I believe my Schedule C from Turbotax for 2022 will look too different from 2023 with the 10k change in income.
And do I need to factor in what I paid in this year's taxes (the $548) anywhere?
On the health insurance, in case it matters, last year, I had private health insurance I'd found on my own. I've just recently switched to insurance through the ACA though, so I'm not sure I'll still be able to deduct health insurance premiums for 2023? Right now, the full premium cost is over $500, but I'm only needing to pay about $45 on my end every month. I'm assuming I would deduct the $45 payments, if any, right?
