- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
That sounds like a great idea except I already paid over $100 for TT Online federal + state 😐
I think I understand where the $883 medical expenses is coming from (thanks to all of the previous post responses). Its the amount over 7.5% of my AGI when taking into account the ACA premiums minus the PTC (but with a $3 error).
So now the only thing I don't understand is why my Medical expenses in the screen titled "Now its time for the fun part, your tax breaks >>> "Deductions and Credits" >> Medical Expenses shows a number exactly $3 higher than my 2023 annual total ACA premium. I did Look at line 27 of your Form 8962.
Bottom line is I am no-where near the medical expense threshold for any of this to matter but I'd really like to understand the $3 discrepancy and it would be soooo nice if TT online gave the ability like desktop to see where the calculations came from.