BrittanyS
Expert Alumni

Get your taxes done using TurboTax

Does your federal return reflect a premium tax credit?  Per the Wisconsin DOR, "The subtraction for the amount paid for medical care insurance does not include any premium paid with the advance federal premium tax credit. When the federal premium tax credit is reconciled on the federal income tax return for the year, you must also reduce your Wisconsin subtraction for medical care insurance for that same year by the amount of any additional premium tax credit you were allowed on the federal return. If you were required to repay all or a portion of the advance federal premium tax credit, you might increase your subtraction for medical care insurance by the amount you were required to repay."

 

If your federal return shows a premium tax credit and you enter your medical care insurance, the difference may be reducing the credit to $0.  You can review the calculations in TurboTax Desktop by following these steps:

 

  1. Click Forms on the Upper Right Panel
  2. Scroll down to Wisconsin
  3. Review Wisconsin Form

To view In TurboTax Online, follow these steps:

 

  1. Click Tax Tool on the left-side panel
  2. Click Tools
  3. Click Tax Summary
  4. Click WI Tax Summary

If the premium tax credit does not apply to your return and the calculations from the forms do not show the issue, please respond back to this thread.

 

@ceckers 

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