Married filing jointly, retired and participating in Affordable Care Act (ACA).
2023 was first year 2024 is second year on program. I trust TurboTax, but my income will be unexpectedly changing for 2024 (from my initial ACA Estimate) so was looking into how all this reconciles - for my 2024 tax filing expectations. I understand that part now, but through the search process (looking at 2023 TTax again) I discovered I have a question about where this line 2b"net of adjustments" - figure comes from??? I don't see it in any "math" reviewing my 1095A totals (e.g.; C-A, B-A). It's order of magnitude close, but those 1095 math calcs are closer to $4000, and line 2b is closer to $3000
Any suggestions on there this specific line2b figure is coming from?
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The best I can tell, line 2b on medical expenses worksheet comes from Form 8962. Premiums paid (either 11A or sum of 12A-23A) minus Total Premium Tax Credit (line 24).
Hi there hikeonthru, and Thx for the quick reply. I ran that math and don't think that's it. when I'm in "forms" mode in TTax progra, I can click on that value/cell in Med Worksheet line 2b and see where (go to supporting form) the figure points to (1095-A), but no such value in THAT (1095-A) page.
any TTax employees out there??
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