Form 1040 self-employed health insurance FAQs for ProConnect Tax

The following articles will help answer top questions regarding self-employed health insurance on Form 1040, Schedule 1, Line 29:

• Entering self-employed health insurance deductions in ProConnect
• Entering self-employed health insurance premiums from S corporation Schedule K-1
• Calculating form 8962 with a self-employed health insurance deduction in ProConnect Tax

What's new for the Self-employed health insurance deduction for tax year 2023:

Starting in tax year 2023 the IRS has released Form 7206 to calculate the Self-employed health insurance deduction for the 1040. In tax years 2022 and prior, the IRS used the Self-employed health insurance deduction worksheet from the 1040 instruction booklet to calculate the allowable deduction on the 1040.