So, this whole healthcare 1095a thing and TurboTax is hardcore lacking. Last year I added my 1095a and everything was filed- IRS accepted everything no problems.
This year when going through the Healthcare.gov prompts, it mentioned I had tax credits that were not reconciled. I didn’t have any idea what that meant. I mean, TurboTax did my taxes, what were they on about? I inputted all my information!
This year was a more complicated year, being in school, getting married, so many other documents, that I went to a professional instead of doing it on my own. Our refund this year is still in the positive, but way less than we expected! The pro mentioned it’s due to the healthcare market place advanced tax credits.
I was not completely sold, so I redid my taxes with TurboTax, and when I got to the screen to add my 1095a, I added both my husband and I’d documents, and the refund did not reduce at all. It dawned on me that TurboTax probably didn’t reconcile my tax credits from last year.
If you had healthcare through the health insurance market place, I would suggest a real professional. I owe money to the US government at this point. Without truly knowing until now. Don’t chance it.
