I tried healthcare.gov/tax-tool, it said my SLCSP was 0 because I was eligible for employer coverage ("Select all months Jason was enrolled in a Marketplace plan and paid the premium. Note: Don't select months Jason was eligible for other health coverage outside the Marketplace)." I don't expect the PTC, but I know that IRS will reject my return without 1095-A, AND I want to deduct all of the premiums, which I paid with after-tax dollars. But Turbo Tax won't take my form, it say "Must be greater than $0" for each column B field.
On the 1095-A, column B is the Monthly Premium Amount of Second Lowest Cost Silver Plan (SLCSP), which is never $0 as it represents a premium amount that would have been charged. Column C reflects the Premium Tax Credit you received throughout the year.
You need to enter your 1095-A exactly as the form you received shows. You can get a copy of your form from your Marketplace account if you did not receive it in the mail. If you did not receive a 1095-A (or you received a 1095-B or 1095-C), you should not enter anything on this screen.
Your premiums are deductible as medical expenses (unless you were self-employed) and limited to the amount that exceeds 7.5% of your adjusted gross income. This amount also is only deductible when you itemize your deductions. If you do not enter your 1095-A, the IRS will not reject your return.
Sorry for not replying sooner, I had to go out of town unexpectedly, and I'm now filing my taxes late.
You said, "On the 1095-A, column B is the Monthly Premium Amount of Second Lowest Cost Silver Plan (SLCSP), which is never $0 as it represents a premium amount that would have been charged".
On my form, it is $0 for all months. The cover letter with the form mentions this might happen, and points to the Instructions for Form 8962. That document, as well as the on-screen help in Turbo Tax, say that you can get these figures from HealthCare.gov/Tax-Tool/. However, that tool tells me not to check the box for months where I was eligible for other healthcare. If I don't check the box, that tool reports 0. If I do check the box, I get a non-zero SLCSP amount; when I enter those values into Turbo Tax, it tells me I am eligible for the Premium Tax Credit.
BUT - I was eligible for health insurance through my employer, I just chose to use the marketplace because my employer's plans don't cover any of my doctors. I think that means I'm NOT eligible for the PTC, correct? If so, then I need to leave the SLCSP values as 0, which I cannot do (TurboTax reports an error). Should I just remove the form 1095-A from TurboTax? I can find no place in TT to tell it I was eligible for MEC through my employer.
Ok ... if you have a 1095-A with a non zero amount in column A then you MUST also have an amount in column B even if the form doesn't provide you one. You must get the amount by using this easy to use tool :
https://www.healthcare.gov/tax-tool/#/
Thanks @Critter-3, but as I noted above, I HAVE used that tool (https://www.healthcare.gov/tax-tool/#/), but it reports $0 for each month, UNLESS I lie and tell it I was not eligible for employer-provided coverage. That gives me a value, but if I put it into Turbo Tax, TT tells me I am eligible for PTC, which I'm pretty sure I'm not (again, due to my eligibility for employer-provided coverage, which qualifies as MEC).
the form does not accept "0's" in any of the boxes, if the amount is 0, leave it blank.
I have similar problem. I was covered by my husband's employer January 2023. My 1095-A Has amounts in column A and B for February through December. But blanks in all three columns in January for columns ABC. What do I do?
Thanks for any help.
Terri
@Tkaberg wrote:
I have similar problem. I was covered by my husband's employer January 2023. My 1095-A Has amounts in column A and B for February through December. But blanks in all three columns in January for columns ABC. What do I do?
Thanks for any help.
Terri
Leave all the columns blank (empty) for January.
I tried that. First I had zeroes in there. Then I removed all the zeroes and it said it can't be left blank. It then gave me a link to figure out the SLCSP for column B January and said can't be blank.
@Tkaberg Delete the Form 1095-A and re-enter manually. The Form 1095-A will accept blank rows for any month where you did not have ACA health care insurance.
To enter, edit or delete your Form 1095-A -