I am working on 2016 taxes as of January 28, 2017. I was in a Marketplace plan through most of 2016, and self-employed. I entered the 1095-A and checked the box for applying it to my Schedule C.
However, the number showing up on line 29 of the 1040 is higher than I expected. I paid around $7,000 in premiums in 2016 out of my own pocket (the actual premium cost minus the subsidy), but the amount showing up on line 29 is over $13,000. I have no idea where this number comes from.
Does this function still need an update?
