I received a small refund check (a portion of premiums paid) in 2018 from the health insurance company I had in 2017 because of the Affordable Care Act's "Medical Loss Ratio" requirement. Do I report this on my tax return, and if so, where on TurboTax would I report it?
It depends if you deducted your health insurance premiums and the deduction caused a your refund to increase or your amount due to decrease (aka tax break).
If you received a tax break, you would enter it on Form 1040, line 21. Here's how:
It depends if you deducted your health insurance premiums and the deduction caused a your refund to increase or your amount due to decrease (aka tax break).
If you received a tax break, you would enter it on Form 1040, line 21. Here's how: