The amount on Schedule 1 (Additional Income and Adjustments to Income) Line 17 was incorrect, so I deleted my 1095-A. I must have entered the amount I paid for insurance premiums elsewhere, as a deduction is still calculating even without the 1095-A. How can I find the premiums I entered so I can remove it, and just re-enter the 1095-A?
It is showing in Less Common Business Situations/Self-employed Health Insurance. When I hit Update, it just tells me that it is deducting an amount attributed to Schedule C, but I don't have an expense in my Schedule C for health insurance. Any insights are appreciated.
You'll need to sign in or create an account to connect with an expert.
You may have entered your health insurance premiums in the section for itemized deductions - medial expenses. When you say the amount on line 17 was incorrect, did you take in to account any adjustment from Form 8962 for excess advance Premium Tax Credit repayment? Also, the deduction is limited to the amount of your self-employment net income.
I ended up deleting the full Schedule C and reentering. Taxes have been accepted so I know the 1095-A is in correctly and I think the tax/refund made more sense to me.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
hgomez23
New Member
mms4063
Level 1
shon_benham
New Member
avadventurespllc
New Member
npetrenko
Returning Member