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Returning Member
posted Mar 16, 2024 1:01:05 PM

Form 7206 Line 14 Not Translating to Schedule 1 Line 17

Hi,

I checked the same question in the community, however there is no answer or solution yet. Every year I don't need to file form 7206, not sure why it pumped out this year, and the amount in line 14 for form 7206 is 0, but there is another amount transferred to Schedule 1 Line 17, could anyone let me know if this issue is solved now? I already updated the software, and always update it.

Thank you.

0 2 910
2 Replies
Expert Alumni
Mar 16, 2024 1:09:45 PM

You may be affected by the currently known issue where a Form 7206 is being generated even though it is not required.  If you  do not have more than one source of self-employed income, do not file Form 2555, and are not using amounts paid for long-term care insurance premiums to calculate your deduction, then you do not need to use or file Form 7206.  

 

Take a look at the following TurboTax help article and click the link to register your email address for notifications and status updates:

 

Why is TurboTax adding an incomplete Form 7206 when I'm not required to file it?
 

Returning Member
Mar 22, 2024 9:55:44 AM

Thank you very much.