In general, follow the steps below. However if the payment was made through ACA, the entry is different.
To add the self-employed health insurance to your
return:
- Type self-employed
health insurance deduction in the search bar.
- Click Jump to
self-employed health insurance deduction.
- Continue the onscreen
interview until you get to the Enter Your Business Expenses, choose Less common
expenses, then
choose Health Insurance Premiums
Marketplace
Enter the health insurance premium information from your 1095-A
in the Personal > Health Insurance section in TurboTax. This is
information will be used in Form 8962 to determine any adjustment needed in the
premium tax credit your received. Form 8962 Line 26 will show the
resulting over/under tax credit and be transferred to your 1040 Line 69.
Medicare
If
you want these premiums to be part of the self-employed health insurance
deduction, do not enter your Medicare
premiums when entering the information from your SSA-1099