Add Tax line item for 1040 line 29 "Self employed Insurance Deduction".

I note this question was put previously but I see no concluding answer to it from 3 years ago. Where can I find or add the Tax line item for 1040 line 29 " Self employed Insurance Deduction". There does not appear to be a tax line item for this in the list of tax line items supplied!
10 votes

New · Last Updated


  • markus1957
    markus1957 SuperUser, Windows Beta Beta
    edited January 2019
    You are correct. That tax line is missing in Quicken and should be added to the Adjustments>Allowable S.E. Health Insurance Deduction section in Tax Planner.
  • Unknown
    Unknown Member
    edited August 2019
    Same problem here. [removed - off-topic]
  • hpllc
    hpllc Member ✭✭✭
    edited December 2018
    Agree with Markus1957 and utilize the same adjustment in tax planner.  To assist in reporting using the Tax Summary Report I added a group of categories under a category named: Insurance:Self Employed for Health, Dental and Vision.  Selected the Tax Reporting line item as Schedule A:Doctors, dentists, hospitals for each of the categories.  Not perfect, but the activity shows up in Tax Summary Report and can be transferred easily to the Tax Planner Adjustments to Income based on your personal situation based on the allowable deduction limits as it related to net SE Income. 
  • twsf
    twsf Member ✭✭
    edited August 2019
    [removed - off-topic] It's a basic line in 1040 tax return (and an increasing number of americans are self-employed) - Quicken should have a corresponding category, appropriately placed.
  • ddkpe
    ddkpe Member
    edited May 2019
    Yes - Quicken needs to fix this ASAP!  Tax Planner - Adjustment to Income - Allowable S.E. Health Insurance Deduction has no available tax form line item for category assignment.  As a temporary work around, I am putting my self-employed healthcare premiums under under a new category and assigning it to Form 1040:Student loan interest (unused for me), so at least it shows up under Tax Planner - Adjustment to Income - Other Adjustments and segregated from our out-of-pocket medical expenses (in Schedule A:Doctors, dentists, hospitals).  
  • Billley
    Billley Member ✭✭
    There's a bunch of line items missing. If IRS has them all, why can't Quicken?
  • hpllc
    hpllc Member ✭✭✭
    Echo the theme, align the Tax Reporting categories to the actual categories required to report.  We are paying a premium for Home & Business yet some categories used for businesses and self employed are missing.
  • WallyNessa
    WallyNessa Member
    Agree. I was trying to edit expenses to correct incorrect Tax Line item assignment - Example Foreign divided taxes should go on Schedule 3, Line 1 -- Quicken does not list any of the numerical Schedules to 1040 in drop down.
Sign In or Register to comment.