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:
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.