I'm having trouble understanding how to properly input the SLCSP amount into Turbotax. My wife and I both have ACA policies and both were covered all year from Jan-Dec. Column A on both of our 1095-A forms have $333.86 for each month of column A. Column B for SLCSP is blank on our 1095-A forms. Column C is also blank.
I've gone to this site ( https://www.healthcare.gov/tax-tool/ ) to get our SLCSP amount, and for the household of 2 that monthly amount is $840.84 for form 8962.
Do I split this $840.84 amount and input half ($420.42) in column B for each month on each separate 1095-A in the Turbotax entry area? Or do I put $840.84 on one and leave the other blank? Is there some other area where I'm supposed to input the $840.84 monthly SLCSP amount into Turbotax? I tried to look at form 8962 form in Turbotax to see what is happening, but can't tell if it's updating. (edit: how I enter the SLCSP amount significantly impacts tax result).
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If you are filing a Joint return, enter the $840.84 on each of your 1095-A worksheets.
Because they will be the same number, TurboTax SHOULD know what to do with that. When you are finished with your tax return, check form 8962 to verify it is using the $840.84 amount (actually, if all months are the same, it will show the annual amount of $10,090 on Line 11 ... well, almost, because TurboTax does not understand how to properly round numbers).
If you are filing a Joint return, enter the $840.84 on each of your 1095-A worksheets.
Because they will be the same number, TurboTax SHOULD know what to do with that. When you are finished with your tax return, check form 8962 to verify it is using the $840.84 amount (actually, if all months are the same, it will show the annual amount of $10,090 on Line 11 ... well, almost, because TurboTax does not understand how to properly round numbers).
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