I purchased my 2018 and 2019 insurance through ACA but received no premium tax credit due to the income threshold. Therefore, my 1095A was received with $0.00 in both Column B (SLCSP) and Column C (Advance Payment of Premium Tax Credits) I have two questions: (1) Do I need to enter my 1095A in TurboTax (subsequently filing IRS form 8962) since my income threshold is too high to receive a credit? (2) Regardless of the answer to #1, can I now take my full Monthly Enrollment Premiums (Column A) as a Schedule A deduction for "Other Healthcare Premiums paid?
Before someone ask, I am retired and have no W2 wages, so my premiums were paid 100% out of pocket and were not from pre-taxed income.
Thanks in advance for your insights!
