AliciaP1
Expert Alumni

Self employed

You will enter your Form 1095-A and on the Let us know if these situations apply to you screen after the entry, you will mark I'm self-employed and bought a Marketplace plan.  TurboTax will then make sure you associate the correct self-employment income form and calculate your deduction.

 

Even if you get the deduction, you may have received the Premium Tax Credit in excess of what you were allowed for the time you had the policy and that may be what you are having to pay back.  The PTC is calculated on your income reported compared to the income you estimated when you purchased the plan.

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