For early retirees with investment income only, is ACA premium deductible?

[chik3236]

(1) For people who retired early and Not self-employed (no schedule A), can the ACA premium paid out of pocket (after tax dollars) be deducted from taxable incomes such as dividends or stock market gains? 

(2) My state taxable income is much less than the federal taxable income due to different tax laws, so I received sizable PTC calculated based on the state taxable income when applied for ACA coverage via state exchange. However, Form 1040 indicated I need to pay back all the PTC received as it was using the federal taxable income for its calculation. What are my options here? 

[ThomasM125]

No, you can only deduct your medical insurance premiums as itemized deductions on schedule A. Your premium tax credit is based on the income reported on your federal tax return. There are no options to reduce the repayment of your premium tax credit as calculated on your federal tax return.