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March 19, 2020
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Where do I document my out of pocket health insurance premiums bought on a state exchange. TurboTax says not to include it in the medical expense section. No 1095-A

  • March 19, 2020
  • 6 replies
  • 70 views
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Best answer by AmyC

Nope. I contacted my exchange and they won't issue one. As I stated, if you have a catastrophic ACA plan, which is basically a price break on bronze plans, you won't have a 1095-A issued. So I have a QHP from the exchange and won't be getting a 1095-A. Turbotax says not to put it under health care premiums if it is an ACA plan. 


Enter deduction as through regular medical expenses, here is why:

  • The purpose of entering the 1095-A is to determine the correct amount of premium tax credit you received versus what you qualify for.
  • Since you did not receive federal assistance with your health insurance payment, then you would not need to enter the form 109-A.
  • Because it is not on a 1095-A- with federal assistance, go ahead and enter your expenses in the medical section as if it is not Obamacare - tax credit related.

Related:

Questions and Answers on the Premium Tax Credit | Internal ...

What is the ACA's catastrophic plan and who is eligible ...

6 replies

MarilynG
Level 15
March 19, 2020

Yes, you would deduct Health Insurance Premiums in the Medical Expenses section, under Deductions & Credits.

 

However, if you are not Itemizing Deductions, this won't help you.

 

If you don't have a 1095-A to enter, you should contact your Plan Administrator, or see if you can get one online, as the IRS may request a copy from you.

 

If you are Self-Employed, click this think for info about Self Employed Health Insurance

 

 

 

 

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March 22, 2020

I contacted my Health Exchange in Colorado and they said I won’t get a 1095-A because we had a Catastrophic Health Plan. It’s ACA compliant purchased thru the exchange. 

CatinaT1
Level 15
March 22, 2020

Your 1095A comes from www.healthcare.gov.  Log into your account and print from there.

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