You'll need to sign in or create an account to connect with an expert.
Here’s how to enter 1095-A Health Insurance Marketplace Statement in TurboTax:
Here’s how to enter 1095-A Health Insurance Marketplace Statement in TurboTax:
can I deduct the money I had to pay from 1095-A
Form 1095 provides information about your cost of health care coverage. You will use the information from the Form 1095-A to calculate the amount of your premium tax credit. You will also use this form to reconcile advance payments of the premium tax credit made on your behalf with the premium tax credit you are claiming on your tax return.
If you enter your Form 1095A, you do not have to enter the premiums you paid out of pocket into the Medical Expense section of TurboTax. Instead just enter your 1095-A into the Health Care section and TurboTax will automatically apply the correct medical insurance premiums to line 1 of Schedule A, Itemized Deductions.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
tina232910
New Member
KellyD6
New Member
Cainon
New Member
trinapunter8
New Member
jsgrigson
New Member