turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

ender2664
New Member

I'm 39 and SSDI: Turbo tax is letting me take a premium tax credit for my exchange purchased health insurance even though I was enrolled in Medicare, is this correct?

I didn't think I was entitled to the premium tax credit since I received Medicare. Maybe it is allowing it because I am disabled? But I didn't know that was an exception to the rule.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

I'm 39 and SSDI: Turbo tax is letting me take a premium tax credit for my exchange purchased health insurance even though I was enrolled in Medicare, is this correct?

You do not get a premium tax credit unless you have marketplace health insurance and entered a 1095A.    Not sure what you entered or where you entered it.   If you have Medicare you do not have marketplace health insurance.   Or----did you have healthcare.gov for part of the year and then go on Medicare?  Please explain.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
ender2664
New Member

I'm 39 and SSDI: Turbo tax is letting me take a premium tax credit for my exchange purchased health insurance even though I was enrolled in Medicare, is this correct?

I am on both Medicare and the exchange. My 1095A, premium payments, and doctors can all confirm that I have insurance purchased on the exchange. And no, this is not new, I have been on Medicare for about 10yrs.

I'm 39 and SSDI: Turbo tax is letting me take a premium tax credit for my exchange purchased health insurance even though I was enrolled in Medicare, is this correct?


@ender2664 wrote:

I am on both Medicare and the exchange. My 1095A, premium payments, and doctors can all confirm that I have insurance purchased on the exchange. And no, this is not new, I have been on Medicare for about 10yrs.


Did you have a Marketplace plan before becoming eligible for Medicare?  If so, then Medicare is your primary payer and the Marketplace is your secondary payer.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question