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Get your taxes done using TurboTax
The reduced social security is already accounted for on your return. That income is non-taxable, you can't reduce it any further. You are having to pay back premium tax credits from your 1095-A.
This tax credit works differently than most. The premium tax credit was available immediately when you enrolled in a plan through the Marketplace. It worked like a discount so you could get help paying for coverage throughout the year rather than having to wait until you filed your 2023 taxes. Payments of the premium tax credit went directly to the insurance company to pay a share of the monthly health insurance premiums charged to you. The amount was calculated based on what he estimated your 2023 income would be, along with how many people your plan needed to cover and where you lived.
Now that he is reporting your actual 2023 income, ZIP code, and family size, we used this info to calculate the discount he should've received throughout the year, and made the necessary adjustment.
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