The answer depends. Unfortunately, I cannot advise any further than to provide you with the tools to calculate your alternatives on the following worksheets. The following resource is exactly what you need to determine what to enter. Once you have that number, then you can proceed with reporting it.
See 2019 IRS Publication 974 Premium Tax Credit (PTC) page 56 Self-Employed Insurance Deduction and PTC which begins:
Self-Employed Health Insurance Deduction and PTC This part provides special instructions for figuring the self-employed health insurance deduction and PTC if you or your spouse was self-employed, you or a member of your tax family was enrolled in a qualified health plan in 2019, and you may be eligible for the PTC. Because the amount of the self-employed health insurance deduction may affect the amount of the PTC, and the amount of the PTC may affect the amount of the deduction, a taxpayer who may be eligible for both may have difficulty determining the amounts of those items. A taxpayer who may be eligible for both may follow the instructions in this part to determine amounts of the self-employed health insurance deduction and PTC that are allowable under the law.
Using the special instructions in this part is optional. If you are eligible for both a self-employed health insurance deduction and the PTC for the same premiums, you may use any computation method that results in reporting amounts that satisfy the rules for both the deduction and PTC, as long as the sum of the deduction claimed for the premiums and the PTC computed, taking the deduction into account, is less than or equal to the enrollment premiums.
Additional Resources for reference:
2019 Form 8962 Instructions and 2019 Form 8962
2019 Form 1040 Schedule 1 Instructions begin on page 81 and 2019 Schedule 1
