Screen 1: Do you have medical expenses in 2022? I select "Yes"
OK.
Screen 2: Tell us about the Health Related Accounts you had in 2023? I did not have an HSA or MSA, I had actual isurance that I bought at a State Marketplace. I select "None of the above" and "Continue"
OK.
Screen 3: What type of High Deductible Plan did you have on December 1st 2022? I didn't have a "High Deductible Plan" my deductibles are fairly low. I'm given the choice of "Family", "Self" or "None". I select "None"
OK.
Screen 4: This Year you get a tax break for your medical expenses. It gives me an amount and that is all. No opportunity to insert medical expenses. Click "Done"
What does the amount sound like? The sum of medical expenses you entered into Schedule A? The amount entered into Schedule A plus HSA distributions?
Screen 5: This is what we have for your 1095-As: Lists the info I entered from my 1095-As. Click "Continue"
OK.
Screen 6: Looks like you have to pay back some of your health insurance discount. Shows amounts, click "Continue"
I am assuming that this is referring to the Premium Tax Credit (form 8962). This generally happens that you owe if your annual family income was larger than you had estimated to the Marketplace people at the beginning of the year when you signed up for the marketplace insurance.
Screen 7: Back to Deductions main page
If you go back through the PTC (Premium Tax Credit page, then this is OK).
I'm assuming because I have to pay back that I'm not allowed to add any more expenses? Is that what's happening?
No, the PTC is not dependent on how much you paid in medical expenses, but in how much PTC the government paid on your behalf during the year, which is dependent on how much you earned during the year compared to what you estimated at the beginning of the year.
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