That's not how the PTC is calculated in TT, it applies a credit even if you weren't given an advance credit, and from my research in how the PTC works is correct.
What is NOT correct is that anyone using an HRA should get ANY PTC. TurboTax never asks about an HRA, AT ALL, it is calculating the PTC incorrectly for anyone using an HRA.
Intuit really, REALLY needs to fix this in the program, it should not to be up to the user to catch this error, research the solution, and modify values on a government provided form to TRICK the program into calculating the PTC correctly ($0). I've called, chatted and even inquired in Facebook Messenger, spent hours trying to get a correct response (fix the program), but to no avail, I've gotten varying responses, the best response is below. I'm told that the IRS does get information about a taxpayer's HRA, even if the taxpayer does not get a form to report the information.
FYI, in my case, I reduced the values reported on Form 1095-A, in Column B, by your average monthly HRA value, and it calculated the PTC to $0. I was told the "keep my paperwork in case the IRS audits".
Per the IRS.....
Individual coverage HRAs.
Starting in 2020, employers can offer individual coverage HRAs to help employees and their families with their medical expenses. Under an individual coverage HRA, employers can reimburse eligible employees for medical expenses, including premiums for Marketplace health insurance.If you were covered under an individual coverage HRA for 2024, you are not allowed a PTC for your 2024 Marketplace health insurance. Also, if another member of your tax family was covered under an individual coverage HRA for 2024, you are not allowed a PTC for the family member's 2024 Marketplace health insurance. If you or a family member could have been covered by an individual coverage HRA for 2024, but you opted out of receiving reimbursements under the individual coverage HRA, you may be allowed a PTC for your, and your family member's, Marketplace health insurance if the individual coverage HRA is considered unaffordable.
