Skip to main content
Level 2
April 18, 2023
Question

TurboTax will not allow me to submit my return with $0 listed in Column B as is listed on the 1095-A form from the Marketplace. How do I address this?

  • April 18, 2023
  • 1 reply
  • 16 views
No text available

1 reply

Level 15
April 18, 2023

The SLCSP premium is incorrect if:

 

  • Part III, Column B has a “0” or is blank for any month someone in your household had the Marketplace plan
  • You had changes in your household that you didn’t tell the Marketplace about — like having a baby, moving, getting married or divorced, or losing a dependent.

If either applies to you, you’ll use the government's tax tool to get the premium for your second lowest cost Silver plan. Failure to do this will result in a wrong calculation of the premium tax credit.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
hwolpoffAuthor
Level 2
April 18, 2023

Thank you.

 

I just got off the phone with the Marketplace and they provided me with the information for column B.  However, when I enter that into my Turbotax information, by refund shot up by $17000.

 

My column C remains Zero as I declined to use the tax credit during the year to cover my premiums.

 

Is this correct?

 

 

Level 15
April 18, 2023

I'm not sure about the amount, but it should be normal that your refund increases as you have a premium tax credit because you did not take an advance.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"