Hello,
I am experiencing the same issue with Form 7206 as these other folks. I'm using TT Home & Business Desktop. I have a single business to which all of the self employed health insurance deduction is applied. The insurance is through a marketplace, and there was a small amount of PTC which is actually being repaid with this return. As I read the IRS instructions for Form 7206, I have none of the conditions that require it to be filed, and should be using the Self-Employed Health Insurance Deduction Worksheet. Like the others here, the correct amount is shown on my Schedule 1, but the amount isn't shown on Form 7206 though there is the note of explanation at the bottom, and this is the source of everyone's concern I believe. Just for my own information, I created an "experimental" copy of the return and tried manually entering the amount into Form 7206 which made it look as I would expect but was then automatically added to the pre-existing amount on Schedule 1, which made that number incorrect.
If someone in authority could definitively say that the Form 7206 in these circumstances is only informational and will not be included in the eFiled information, I think that would give us all some measure of reassurance. Like the others, I don't understand why you'd bother including in where it isn't necessary, but if you're going to regardless it should at least be completed correctly. Barring that, at least telling us that it isn't being sent to the IRS to potentially cause confusion would be a start.
So what I'd really like to know is: 1) whether there's going to be some sort of update soon that will address this problem; and 2) whether it is definitively correct that everything shown in the "Forms only" preview that you get before eFiling is actually included in the information sent to the IRS, or if it's actually all the forms completed as part of the TT interview, which are then edited to only the applicable ones for each situation before transmitting to the IRS.
Many thanks for your help.
