Doc2465, Wow! You are really on top of this stuff. I thought I have done all it can be done (in my situation). You may have brought up some points that I didn't think about. I always let TT do its dance unless something looks really weird because I don't feel like I should do manual calculation if I am using a tax software, but I may have to. Is there any good instructions on how to calculate PTCs? Meantime, here is some additional info about my situation. I have a dependent, so the cliff for me is a little over $80,000. The sum of lines 27, 28 and 29 equals line 12 ($52,000+). Line 29 is the balancing item ($14,000+). It is less than the Column A total on 1095A, $18,060 (Column B total is $28,596 and Column C total is $18,022) because I let TT maximize the line 28. I need to do some research about contribution limits difference between SEP and 401K. I think for smaller incomes 401K works better due to $24500 fixed contribution (plus I think 20% of profits with some limit). Yes, I checked the box saying insurance tied to the business.
