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In what regard are you asking about a qualified small employer health reimbursement arrangement (QSEHRA)?
My employer switched us to QSEHRA I will need to report the reimbursement on my taxes. Does TurboTax supports that?
If you are reimbursed for health care expenses you have already paid with out of pocket funds, you do not enter the reimbursement on a tax return. And you do not enter the expense on the tax return since you were reimbursed.
What about reimbursements paid for with pre-tax funds? I use QSEHRA reimbursements to pay the premiums of my wife's employer health plan which is taken out of her paycheck before taxes are applied. I'm struggling to figure out how to report this.
QSEHRA is all handled by entering your W2 information into TurboTax. If the employee has minimum essential coverage, the QSEHRA is reported in Box 12, with code FF and is non-taxable. If the employee has periods without minimum essential coverage, the QSEHRA for those periods is reported in Box 1 and taxes withheld in Box 2 of the W2.
I have a QSEHRA, Code FF, which I entered into the program. When I get to the entries for 1095-A, the program says I may need to adjust Column B. Does this column need to be adjusted if I have a QSEHRA, or has it already been addressed with my Code FF entry?
Since you have insurance through your job, you should enter any Form 1095-A information unless you also had coverage through the HealthCare Market Place.
You might have accidentally opened the prompt "Affordable Care (Form 1095-A) and information is now stuck in this section.
To find the errors on your Form 1095-A follow the steps below :
The other option is to delete Form 1095-A:
Thank you for your prompt reply. You said: "...unless you also had coverage through the HealthCare Market Place." I did get my coverage through my state's health care market place, however I did not elect to receive credits until I file my return. My employer does not provide the insurance, but only provides the QSEHRA. The QSEHRA amount only covers half the cost of market place insurance, and I also have other medical expenses. How does this change the instructions you provided?
You need to reduce your premiums paid (column A) entries on your 1095-A by the amount of the QSEHRA each month. Then when you complete the interview process for the entry of the 1095-A you will get a message for you to confirm you have already reduced the premiums paid by the amount on your W-2. Once that is complete, you will need to proceed through the Medical Expenses deduction interview to remove the Needs Review warning from TurboTax inputting your medical premiums without you reviewing the rest of the questions.
To do this in TurboTax Online you can follow these steps:
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