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Returning Member
posted Jun 4, 2019 11:18:43 PM

If i received reduced premiums through aca market in 6 months of 2017 can I deduct the payback on 1040? I did not work jan-june and worked july-december 2017?

jan-june paid $300 month instead of $1000 month

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1 Best answer
Level 9
Jun 4, 2019 11:18:44 PM

When you enter your 1095-A into TurboTax, the program automatically give you the deduction, including the amount of any repayment of the Advance credit.  So you don't need to enter it again.

1 Replies
Level 9
Jun 4, 2019 11:18:44 PM

When you enter your 1095-A into TurboTax, the program automatically give you the deduction, including the amount of any repayment of the Advance credit.  So you don't need to enter it again.