SELF EMPLOYED INSURANCE PAID AMOUNT under Business deductions and credits ?

[acavale]

I made a wrong entry and would like to delete it

How can I delete the entry for SELF EMPLOYED INSURANCE PAID  AMOUNT under Business deductions and credits ?

Thanks in advance

AC

[CesarJ]

To find the Deductions & Credits section in TurboTax Online and delete or enter your self-employed health insurance correctly, follow these steps:

To delete or update the self-employed health insurance amount:
1. Go to the Deductions & Credits section.
2. Scroll down to Business Expenses.
3. Select Edit or Update next to Self-Employed Health Insurance Premiums.
4. Delete the wrong amount or enter the correct amount.
5. Save your changes and continue.

To enter self-employed health insurance amounts correctly if you haven’t done so:
1. Go to the Wages & Income section.
2. Scroll to Self-Employment and select your business.
3. Select Edit or Add expenses.
4. Under Less common expenses, find and select Health insurance premiums.
5. Enter the total premiums paid for you, your spouse, and your dependents.
6. Save and continue.

This will ensure the deduction is correctly reported on Schedule C and your return.
 

[acavale]

Cesar,
Under INCOME section, I am looking at:
- BUSINESS ITEMS / Business Deductions and Credit 
--- I click UPDATE and pick SELF EMPLOYED HEALTH INSURANCE PAID -- click UPDATE; but I cannot make any changes -- 
--- it says " we have deducted, from your income, $3,971 of allowable self employed health insurance attributed to your Sch C 

--- No opportunity to delete or change this number

Appreciate your guidance 

[AnnetteB6]

To change the value for the self-employed health insurance that you have entered, use the second series of steps provided by expert Cesar.  

The amount is initially entered as an expense under your Schedule C business.  So, you need to edit your Schedule C business and then edit the expense category for health insurance to adjust the amount that was entered.

@acavale 

[acavale]

Thanks to BOTH of you. 

[acavale]

Thx. The second solution worked