If you will be receiving a tax refund or taxes owed after you have entered the Form 1095-A and the Form 8962, Premium Tax Credit has been completed by the TurboTax you should be able to e-file.
However, if the program will not let you e-file since there will not be any taxable income reported on your tax return, you can add $1 of interest income so the return can be e-filed. Otherwise the tax return can only be printed and mailed.
When entering the interest income on the Form 1099-INT enter any name for the Payer/Received From and $1 in box 1.
If the program Review tells you that the FEIN for the Form 1099-INT needs to be entered, ignore the message and continue.
To report interest income received -
Click on Federal Taxes (Personal using Home & Business)
Click on Wages and Income (Personal Income using Home & Business)
Click on I'll choose what I work on
Investments and Savings
On Interest on 1099-INT, click on the start or update button
Or enter interest income in the Search box locate in the upper right of the program screen. Click on Jump to interest income
On the screen Did you have investment income in 2023? Click on Yes
On the screen Let's import your tax info, click on Enter a different way
On the screen OK, let's start with one investment type, click on Interest and Continue
On the screen How would you like to upload your 1099-INT? Click on Type it in myself
To enter, edit or delete your Form 1095-A -
- Click on Federal Taxes (Personal using Home and Business)
- Click on Deductions and Credits
- Click on I'll choose what I work on (if shown)
- Scroll down to Medical
- On Affordable Care Act (Form 1095-A), click the start or update button
Or enter 1095-a in the Search box located in the upper right of the program screen. Click on Jump to 1095-a
