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Deductions & credits
In Turbo Tax under their question “How much did you spend on insurance premiums” they say “don’t include premiums for:… An Affordable Care Act Plan”. Is this because they calculate what you paid personally when you enter the 1095? I guess this is a Turbo Tax questions more than a tax question. Yes, I know I can deduct it. But in TT do I just enter the 1095 info or do I add the premium expense itself under the insurance premium section?
February 5, 2024
10:30 AM