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How can I deduct the amount I have to pay for Healthcare.gov?
At the beginning of 2022 I was self-employed and had health insurance through Healthcare.gov. In March of 2022 my wife got a job that provided health insurance so I cancelled my Marketplace coverage. I did not have to pay any portion of the Marketplace coverage.
Now that I am getting ready to file our taxes, when I enter the information from 1095-A TurboTax now says I have to pay the full amount that the Marketplace covered, almost $2000 for those first three months.
Under normal circumstances I could deduct my health insurance coverage as self-employed, but I can't see a way to apply the amount I have to pay.
What are my options?
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‎April 14, 2023
2:21 PM