If self employed with earned income, self employed health insurance be on 1040 line 29 and not on Schedule A correct?

[dianehomrich]

I have schedule C income of approximately $10,000, health insurance premiums of $5,700, which are correctly shown on line 29 of Form 1040. I entered  my 1095-A form, and program creates deduction for Sch A medical deduction. How do I fix this double deduction?

[MichaelDC · Accepted solution]

[edited 2/14/18 2:07 pm EST]

You shouldn't enter it again in the Self-Employed Health Insurance screen. That would duplicate the deduction. These premiums are already entered through Form 1095-A by the program.

So, go back through the interview and delete the Self-Employed Healthcare Premiums. (Linked info at the bottom is a how-to if you need.)

Then, go back to the 1095-A entry and click the box "Self-Employed and bought a Marketplace plan. (See the attached screenshot below. Click to enlarge.) That will link your Marketplace premiums to Line 29, 1040.

At that point, there should be no double deduction on Schedule A.

Please feel free to post any additional details or questions in the comment section. 

https://ttlc.intuit.com/replies/6075426

[dianehomrich]

Thank you, once I removed it from the Schedule C worksheet and LINKED form 1095A to Sch C, it looks perfect. Thanks again.

[MichaelDC]

More than a pleasure. Good Luck!