taxgirl0216
Level 3
12-19-2022
10:35 AM
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Good Morning All,
I am questioning the software's calculation of Self-Employed Health Insurance Deduction.
Taxpayer paid $8,080 for Health Premiums and on the tax return has to pay back $3,074 of Premium Tax Credit. So naturally I would guess that the self-employed health insurance deduction would be $11,154.
I link the Schedule C to the 1095-A on the software and the software calculates the Self-Employed Health Insurance Deduction as $10,788. It won't let me drill down to see how that number was calculated.
Schedule C has enough income to take the full deduction.
Any ideas on the difference or how to see the calculation?
Thanks in advance.
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