https://ttlc.intuit.com/community/tax-credits-deductions/discussion/health-care-premiums-exceed-1095a-for-self-employed-health-insurance-deduction-can-i-deduct-the-rest/01/172902#M23111 <P>I received a $3600 credit towards my health insurance premiums each month in 2018 but what I paid in premiums is larger than that can I deduct the actual premiums I paid each month on my Schedule C?</P> Sat, 01 Jun 2019 15:24:46 GMT chris9 2019-06-01T15:24:46Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/health-care-premiums-exceed-1095a-for-self-employed-health-insurance-deduction-can-i-deduct-the-rest/01/172902#M23111 <P>I received a $3600 credit towards my health insurance premiums each month in 2018 but what I paid in premiums is larger than that can I deduct the actual premiums I paid each month on my Schedule C?</P> Sat, 01 Jun 2019 15:24:46 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/health-care-premiums-exceed-1095a-for-self-employed-health-insurance-deduction-can-i-deduct-the-rest/01/172902#M23111 chris9 2019-06-01T15:24:46Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-only-your-out-of-pocket-costs-count-important-beca/01/172913#M23113 <P>&nbsp;Yes. Only your&nbsp;out-of-pocket costs count. Important:&nbsp;Because you had insurance through Healthcare.gov or your state marketplace (as evidenced by your advanced subsidy), you should only enter your health insurance information in the 1095-A section of TurboTax. It will flow the excess to your business information.<BR /></P><P>If you have other questions about this, ask in the comment section below.</P> Sat, 01 Jun 2019 15:24:48 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-only-your-out-of-pocket-costs-count-important-beca/01/172913#M23113 Cindy0H 2019-06-01T15:24:48Z