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New Member
posted Jun 4, 2019 5:25:58 PM

I filed a wrong amount last year on my 1095-a. Ended up paying $4000.00 to correct my error. Can I deduct this amount somewhere?

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1 Best answer
Intuit Alumni
Jun 4, 2019 5:25:59 PM

Unfortunately, you can't.

Your 2016 repayment of the tax credit was due because you received more advance premium credit than the actual premium credit in 2016.

 It isn't deductible on your 2017 tax return.

2 Replies
Intuit Alumni
Jun 4, 2019 5:25:59 PM

Unfortunately, you can't.

Your 2016 repayment of the tax credit was due because you received more advance premium credit than the actual premium credit in 2016.

 It isn't deductible on your 2017 tax return.

New Member
Jun 4, 2019 5:26:01 PM

Can I deduct repayment that will be made in 2017?