Medical insurance

Mmccarty102546 · ‎February 6, 2020

I entered the information from my 1095A ($7,356 premium tax pmt) and then entered the medical insurance payments I made in the appropriate spot. ($7,338) The result is a medical deduction of what Obamacare paid and what I paid ($14,694). Should I be getting both amounts as a deduction?

DawnC · ‎February 6, 2020

No. You should only be claiming what you paid out of pocket for premiums in the Medical deduction section. The amounts of your advanced premium tax credit payments are only entered when you enter your 1095-A. Those amounts are used to calculate any additional premium tax credit or repayment.

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View solution in original post

DawnC · ‎February 6, 2020

No. You should only be claiming what you paid out of pocket for premiums in the Medical deduction section. The amounts of your advanced premium tax credit payments are only entered when you enter your 1095-A. Those amounts are used to calculate any additional premium tax credit or repayment.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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