turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

SE Health Insurance Deduction from Form 7206 Does Not Match Schedule 1 Pt II Line 17

The deduction on Schedule 1 for SE Health Insurance Deduction doesn't match what I had input into Form 7206 via TurboTax step by step questionnaire for Business Expenses.  It appears to be adding the amounts from Form 1095-A (Monthly Enrollment Premiums), which are included in my inputs for Form 7206, so it appears that the deduction on my Schedule 1 and 1040 is too high, almost double what it should be.  Is there a way to manually correct this?  How do I ensure I am not overstating the amount of my allowed SE Health Insurance Deduction?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
Vanessa A
Employee Tax Expert

SE Health Insurance Deduction from Form 7206 Does Not Match Schedule 1 Pt II Line 17

Yes, the 1095-A amounts are automatically transferred to the self-employed health insurance amounts.  If you entered them manually, you will need to delete those entries and just let the amounts from the 109-A entries transfer to the self-employed health insurance amounts. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

SE Health Insurance Deduction from Form 7206 Does Not Match Schedule 1 Pt II Line 17

Thanks for your quick response!  However, the amounts from 1095-A only reflect the premiums for medical coverage that I paid through the Marketplace, not the full amount of coverage premiums I paid, including dental coverage, etc.  Do I input the incremental amount manually through Business Expenses so that the combination of the 1095-A plus the 7206 amount is the correct total amount of premium deduction?  Or is there a more appropriate way to handle?

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question