3409303
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

test1

test4

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

test1

a) yes that's correct.. once schedule C income is reduced to zero any additional APTC payments become a Schedule A medical expense. for this to be of any benefit 1) medical expense must exceed 7.5% of adjusted gross income and 2) your itemized deductions need to exceed your standard deduction

 

 

b) there is no current provision to carry forward (or back) excess credits. each year stands on its own. 

 

test1

 

test1

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question