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Your after tax medical insurance premiums are part of your medical expenses. The program carries it over for you. If you only entered the rest of your medical expenses, then the total is correct. If you also entered the premiums in the medical section, you need to remove them.
I did not receive a 1095 from my Cobra plan (worked for Wellsfargo and left in Oct 2020 ), I did not receive any 1095 forms in 2021 for 2020 Cobra I paid, I paid premiums in 2021 Premiums for the full year.
So I entered a value in the "How much did you spend on insurance premiums?" for "Medical Insurance Premiums" $8520, if I go to the Medical Wks I see the same value on line 2a and line 2b. So it likes double my value I submitted from the "Medical Insurance Premiums".
Is this a software issue or what? What do I do?
As AmyC said, the program carries the health insurance information to the medical expenses section, unless you are self-employed and take the Self-Employed Health Insurance Deduction.
So, you need to enter the 1095-A information in that section, but you should not include it on the screen titled, "How much did you spend on insurance premiums?"
My 1095-A medical expenses are not carrying over to my total out of pocket medical expenses. I have entered my 1095-A and have added all other expenses but it still is not totaling accurately. The difference is absolutely the 1095-A value. What do I do to fix this issue?
Any amounts paid by the government as a supplement through the year along with your Premium Tax Credit will all reduce your allowed amount to claim. Depending on your income, you may be getting credit on your return for the premiums you paid. You can check your sch 3, part II, line 9 to determine if you are getting a credit. If it is the amount of your 1095-A that would explain the difference. If you did not pay the premiums, then it is not deductible. Your 1095-A shows the amount of the premium, column A along with how much was paid for you, column C. The difference minus any PTC on your return, would be your deductible portion.
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