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Issues with the Affordable Care Act (Form 1095-A) section for self-employed

Hello. I am having issues with the Affordable Care Act (Form 1095-A) section in Deductions & Credits. I am not sure if I should check the "I'm self-employed and bought a Marketplace plan" in my case.

 

I had 3 separate jobs in 2020

1) I had an S Corp which closed with the end of 2020, I received a K-1 from the S corp but no W-2
2) I worked on a W-2 until 10/2020
3) I am self employed from 09/2020 and receiving a 1099

 

So in 2020 I was an S Corp shareholder, a W-2 employee and a 1099 contractor

 

Now, I have three options to do in the 1095-A section:

1) Not selecting the "I'm self-employed and bought a Marketplace plan" box

2) Selecting the "I'm self-employed and bought a Marketplace plan" box and checking my S Corp on the next page - which gives me the highest refund

3) Selecting the "I'm self-employed and bought a Marketplace plan" box and checking my 1099 self-employment on the next page - which gives me the lowest refund and and an error on the Review page (due to a negative amount in 1040/1040SR Worksheet, Schedule 1, Part 2, Item 16)

 

I would really appreciate your help as each tax specialist from live chat is giving me different information and I am very confused.

Thank you!

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1 Reply
June23
Returning Member

Issues with the Affordable Care Act (Form 1095-A) section for self-employed

no amenede my unemployment again  nd see about care act and agi

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