24x
New Member

Get your taxes done using TurboTax

Here is the info on 8962:
Line 1 - $83370
Line 3 - $83370
Line 4 - $20160
Line 5 - 401%
Line 6 - 'Yes'
Line 25 and 26 are zero. All other parts of the 8962 are blanks.
I know I should not qualify for Premium Tax Credits based on my AGI ($83370). However, I should be able to deduct the total premiums from my Business income on line 29 of the 1040 to get some tax reduction based on my tax bracket. Turbo tax is not able to get me this tax relief. I am estimating it to be around $2000 (assuming 15% tax bracket). I guess I am the only one who discovered this issue with Turbotax. So unfortunate!