Self Employed Health Care Deduction

Forum|Forum|1 year ago
February 27, 2025
1 reply
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Turbo Tax appears to have a glitch in moving the self employed health care deduction from Form 7206 to Form 1040, Schedule 1, Line 17. Instead of moving Line 14, the last line and correct answer from Form 7206, it is moving Line 13 which is a higher amount. This results in mismatched documentation and an underpayment of taxes. I could not get this resolved on the phone. How to fix?

PatriciaV

If you look at the bottom of Form 7206, do you see this message? "A self-employed health insurance adjustment of $X,XXX.00 from premiums paid through an exchange is included as an adjustment to income but does not appear on these worksheets."

Add the adjustment to the SE health insurance premiums you paid to arrive at the number shown on Schedule C and Schedule 1 Line 17.

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NumberCheckerAuthor

Thanks for the response! I do not see the message noted at the bottom of my Form 7206. I also do not see health care insurance premium expense line on Schedule C or SE, just the instruction on Form 7206 that the results shown on line 14 should be carried to Schedule 1, line 17 which isn’t happening.

PatriciaV

We have tested Form 7206 carry over to Schedule 1 but are unable to reproduce the experience you have seen. It would be helpful to have a TurboTax ".tax2024" file to test this issue further.

If you would be willing to send us a “diagnostic” file that has your “numbers” but not your personal information, please follow these instructions:

In TurboTax Desktop, open your return and go to Online in the TurboTax header. (On a Mac computer, choose Share or Help.)

Choose Send Tax File to Agent.
You will see a message explaining what the diagnostic copy is.  Click Send on this screen and wait for the Token number to appear.
Reply to this thread with a screenshot of your Token number (this avoids Community filters for numbers with a dash) and tag (@) the Expert requesting the token from you.
Please include any States that are part of your return - this is VERY important.

We will then be able to see the same experience you are having. If we are able to determine the cause, we'll reply here and provide you with a resolution.

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