turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Taxpayers portion of 1095A on medical worksheet?

I'm trying to figure out if I can deduct the $500 I paid in after-tax dollars to pay for medical premium costs not covered by the Obamacare subsidy. 

On the medical worksheet, there is a line 2a that shows the portions of premiums I paid.  Then there is a line 2b that says it's for "taxpayer's portion of 1095-A premiums,"and it also says something on line 2b about what portion on the 1095-A is you're versus your spouse's.  I'm single.  I have no idea where the number on line 2b which says $1162 is coming from or what it represents.  It's not coming from the 1095-A from what I can see? 

I'm trying to figure out if the $500 I had to pay out of pocket is shown anywhere on the 1095-A, maybe as part of the $1162 somehow?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Taxpayers portion of 1095A on medical worksheet?

Yes, you can deduct it.  However, don't enter the deduction anywhere.

The program automatically puts the deduction where it needs to be, so you won't need to do anything else.  You will probably see it if you visit the "Medical Expenses" category (if you are Self Employed, it would show up on Line 29 of your Form 1040).

The amount is adjusted for any additional credit that you may receive on your tax return, or any repayment of the Advance credit that you need to pay on your tax return.

View solution in original post

1 Reply

Taxpayers portion of 1095A on medical worksheet?

Yes, you can deduct it.  However, don't enter the deduction anywhere.

The program automatically puts the deduction where it needs to be, so you won't need to do anything else.  You will probably see it if you visit the "Medical Expenses" category (if you are Self Employed, it would show up on Line 29 of your Form 1040).

The amount is adjusted for any additional credit that you may receive on your tax return, or any repayment of the Advance credit that you need to pay on your tax return.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies