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Deductions & credits
Any amounts paid by the government as a supplement through the year along with your Premium Tax Credit will all reduce your allowed amount to claim. Depending on your income, you may be getting credit on your return for the premiums you paid. You can check your sch 3, part II, line 9 to determine if you are getting a credit. If it is the amount of your 1095-A that would explain the difference. If you did not pay the premiums, then it is not deductible. Your 1095-A shows the amount of the premium, column A along with how much was paid for you, column C. The difference minus any PTC on your return, would be your deductible portion.
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‎February 14, 2022
7:50 PM