Hi there,
- I had got medical insurance through Covered CA with zero premiums in 20th Dec 2022 when I did not have income and qualified for it with zero premium.
- (I also got medical coverage as IHSS Live-In provider for my grandma, but I did not include that W2 as that had $0 wages in box1 as tax is 0 for live-in provider).
- I got a job in May 2023 and the coverage was not good. So, I continued and canceled it in Oct 2023.
I received 1095-A Health Insurance Market Place Statement
Under Part III, I see 321.90 in column A, 392.24 in Column B, 320.90 for each month from Jan to October.
When I enter those in TurboTax, it increased my Federal tax due from $2205 to $5191.
I am surprised as I thought Covered CA was free.
Please confirm if I am missing something. Thank you.
