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Question About 1095-A
I am retired. My income is SS and my healthcare is Medicare.
My wife is still working (2 days a week). So she's had to provide her own healthcare benefits (Marketplace - aka Obama Care). I just entered a 1095-A for my wife. I watched my Federal taxes go from a $1145 refund to a $4,514 PAYMENT to the IRS immediately after entering all the 1095-A data! I am stunned! What caused this and how can I prevent it this year (already near the end of Q1!). Once I saw that, I stopped dead in my tracks. This is CRAZY!
Any and all help appreciated!
Pete
‎February 27, 2023
11:36 AM