Skip to main content
Level 2
December 7, 2019
Solved

Does Obamcare insurance reduce the QBI?? And why doe the program not carry over the bottom of the Sch C?

  • December 7, 2019
  • 4 replies
  • 18 views
No text available
This topic has been closed for replies.
Best answer by TaxGuyBill

Yes, the Self Employed Health Insurance deduction lowers QBI.

What do you mean the program is not carrying over the bottom of Schedule C?  Can you explain?  Are you saying the 2017 descriptions in "Other Expenses" are not carrying to 2018?

4 replies

December 7, 2019

Yes, the Self Employed Health Insurance deduction lowers QBI.

What do you mean the program is not carrying over the bottom of Schedule C?  Can you explain?  Are you saying the 2017 descriptions in "Other Expenses" are not carrying to 2018?

Level 2
December 7, 2019
The program does not carry the 1095A health insurance deduction for self-employed to the QBI worksheet at the bottom of the Sch C page line 6A.  Be careful when filing returns with 1095A's.