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Federal input screens

Screen Coverage - Health Care Coverage (1040)

Health Coverage Exemptions and Individual Responsibility

In the statement, enter household income information. For Form 8962, this is the modified AGI of the taxpayer and each individual claimed on the return who is also required to file a tax return. Enter the
AGI
 (Adjusted gross income from Form 1040, line 11),
Nontaxable interest
 (Tax-exempt interest from Form 1040, line 2a),
Foreign earned income exclusion
 (Form 2555, lines 45 and 50), and
Nontaxable Social Security
 (difference between total Social Security benefits from Form 1040, line 6a and taxable Social Security benefits from Form 1040, line 6b). To exclude a dependent's MAGI from the household income calculation, enter
X
 in the
Do Not Include in Household Income
 column.
You can use the Family Transfer Utility to transfer dependent modified AGI information from a dependent's return. Otherwise, the MAGI information required to complete this statement is available in each dependent return on Worksheet 6, Dependent Modified Adjusted Gross Income Worksheet. If MAGI information was transferred via the Family Transfer Utility, the
Client ID
 column will display the client ID of the dependents whose information was transferred. If the dependent did not have a requirement to file a tax return, the
Do Not Include in Household Income
 column will be marked.

Other Health Coverage Information

Enter the amount of nonspecified self-employed health insurance premiums paid for the self-employment income from either of the following sources.
  • Other self-employment income/loss in the
    Other income
     statement in the Income screen
  • Self-employment income/loss from contracts or straddles in the 6781 screen
Within the statement, specify the source of the self-employment income by completing the
Form
 field. If the taxpayer obtained specified premiums via the Health Insurance Marketplace, see the notes section below. The self-employed health insurance deduction calculates automatically for Schedule 1 (Form 1040 or 1040-SR) or Form 1040NR return.
Enter eligible long-term care insurance premiums paid for the taxpayer, spouse, and/or dependents. Deduction limits are based on the code entered in the statement, attributable to the self-employment income from one of the following sources:
  • Other self-employment income/loss in the Other income statement in the Income screen
  • Self-employment income/loss from contracts or straddles in the 6781 screen
Within the statement, specify the source of the self-employment income by completing the
Form
 field. Codes are available within the statement to identify for whom the premium was paid. The age of the taxpayer or spouse is verified from the date of birth information in the 1040 screen. For premiums paid on behalf of dependents, choose code
3
,
4
,
5
,
6
, or
7
. Each entry is limited as required. See the following limitation table.
Age
Limitation
40 or under
$470
41-50
$880
51-60
$1,760
61-70
$4,710
71 or older
$5,880
The deductible amount applied is based on the column in which you enter the amount. For example, if the taxpayer pays the premium, regardless of who it is for, enter the amount in the Taxpayer column. The Self-Employed Health Insurance Deduction Worksheet showing the calculation prints when applicable. The amount not allowed as a deduction for Schedule 1 (Form 1040 or 1040-SR), line 17 of the 1040 return automatically transfers to Schedule A as a medical deduction.
The codes that are available in the
State Use
 field in the attached statement are specific to the state postal code entered in the
State
 field. If state use codes are not applicable to the entered state, state use codes will not be available.
When the W2 screen (box 14) has medical insurance premiums, this field lists W-2s for the respective individual (either the taxpayer or spouse) that includes medical insurance premiums entered in box 14 of the W-2. Each W-2 includes the employer name. If the taxpayer or spouse qualifies for the self-employed health insurance deduction via the shareholder family attribution rules in IRC Sec. 318(a)(1), choose the corresponding W-2 unit here. The medical insurance premiums entered in the W2 screen, box 14 as well as the box 5 Medicare wages, will be reported on line 1 and line 5, respectively, of the Self-Employed Health Insurance Deduction Worksheet.
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