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Dave S97
New Member

entering 1095-A with col B as zeros

why won't Turbo Tax et me enter zeros in col b?

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4 Replies
MinhT1
Expert Alumni

entering 1095-A with col B as zeros

The SLCSP premium is incorrect if:

 

  • Part III, Column B has a “0” or is blank for any month someone in your household had the Marketplace plan
  • You had changes in your household that you didn’t tell the Marketplace about — like having a baby, moving, getting married or divorced, or losing a dependent,

If either applies to you, you’ll use the government's tax tool to get the premium for your second lowest cost Silver plan. Failure to do this will result in a wrong calculation of the premium tax credit.

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Dave S97
New Member

entering 1095-A with col B as zeros

How do I account for employer reimbursing for premiums?

DaveF1006
Expert Alumni

entering 1095-A with col B as zeros

According to the IRS, If an employer pays the cost of an accident or health insurance plan for his/her employees (including an employee's spouse and dependents), then the employer's payments are not wages and are not subject to social security, Medicare,  FUTA taxes, or federal income tax withholding. This would include reimbursements.

 

This information can be found here. 

 

@Dave S97

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Dave S97
New Member

entering 1095-A with col B as zeros

What I am trying figure out is how to enter the 1095-A form and account for insurance premiums reimbursed by the employer

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