I thought my mom had cancelled my marketplace Obamacare/medicaid insurance when I signed up for my employer's insurance. But that was not the case, hence I had 2 insurances for the entirety of 2022.
I already cancelled the marketplace one in Nov but I am not sure if there is anything I need to do or how to approach tax filing.
Thanks!
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You will need to report you had marketplace insurance on your tax return. You will need your 1095-A form, Health Insurance Marketplace Statement. By entering the 1095-A, any adjustments that need to be made to the premium tax credit will be reconciled.
To enter the 1095-A in TurboTax, follow these steps:
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