I had to take an early distribution from an inherited IRA in order to cover insurance, medical and other living expenses. When I enter my 1095-A, Turbotax is including this withdraw in the income calculation for my insurance tax credit and saying I owe repayment.
I am self employed and when I applied for insurance on the state marketplace, I had to file estimated income so that withdrawals from this account were not included in the calculation for health care tax credit. At the time, I overestimated my income for 2019 and ended up making less than I expected so if anything, I would think I should be getting a refund for overpayment.
How do I adjust for this in Turbotax?
