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Self employed
Thank you very much for your reply.
I have double- and triple-checked my entries (it might help you to believe this if I tell you that I am a retired bookkeeper/accountant 🙂)
- I only entered my December 2025 Medicare premium on Schedule C. I did not enter it with the information from my SSA-1099.
- I entered all of the information from my form 1095-A accurately for January thru November.
Here is what my total medical insurance premiums were for 2025:
- I paid $2,266 ACA premiums for January through November. This number is supported by the numbers on my 1095-A (monthly premiums less monthly advance payments of PTC)
- I paid $185 Medicare premium for December
- Form 8962 is calculating a repayment of advance PTC of $1,331, which is flowing through correctly to my 1040
The total of premiums paid plus the repayment is $3,782, which is what I expect my self-employed health insurance deduction to be.
Turbotax is showing $3,595 for the self-employed health insurance deduction and $187 in medical insurance premiums on Schedule A. The total is correct - $3,782 - but I can't for the life of me figure out why it's reporting $187 with my medical expenses on Schedule A.
The $187 isn't exactly the amount of my Medicare premium, so I was likely wrong about what was happening.
If you have any insight, I'd be grateful!