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In 2018 my health insurance was completely paid for by
In 2018 my health insurance was completely paid for by Obamacare but now I have to reimburse those premiums because I was not qualified. I have an S Corp. Can I use the repayment of premiums against m… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
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I have received a notice from IRS to fill out a Form 8962. I
I have received a notice from IRS to fill out a Form 8962. I am slowly but surely learning how to fill out the 8962. However, I do not know where I place my information from my 1095-C, so I can show t… read more
emc011075
emc011075
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I am a Real Estate Agent (self-employed). I did use Health
I am a Real Estate Agent (self-employed). I did use Health Insurance Marketplace and they did an advance payment of $9608.00 with monthly enrollment premiums of 10,111.36.Does the amount that I paid o… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
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I am filing a tax return on TaxACT, and the form says I
I am filing a tax return on TaxACT, and the form says I cannot report premiums for an ACA marketplace plan toward the self employed health insurance deduction. Is this true? The form they point to for… read more
Barbara
Barbara
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I have w2 and 1099 income, I bought health insurance through
I have w2 and 1099 income, I bought health insurance through the federal marketplace because neither job offers health insurance. Am I able to deduct my monthly premiums? … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
40,699 satisfied customers
I OWE $12000 ON TAXES DUE TO THE PREMIUM TAX CREDIT CAN I
I OWE $12000 ON TAXES DUE TO THE PREMIUM TAX CREDIT CAN I FILE MARRIED AND SEPERATE TO REDUCE IT THE 1095 A IS JUST FOR ME. … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,282 satisfied customers
Can I deduct health insurance premiums if my employer didn't
Can I deduct health insurance premiums if my employer didn't provide insurance and I paid for it myself? … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
40,699 satisfied customers
I am trying to help someone do taxes. They have government
Hello. I am trying to help someone do taxes. They have government health care. I have put in the 1095 A but now it's asking something about advance premium tax credit repayment. Based on PTC. What is … read more
NelsonProTax
NelsonProTax
Remote Tax Support Expert
Master's Degree
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I am a new 1099 employee for 2019. I hav to pay for my own
I am a new 1099 employee for 2019. I hav to pay for my own health insurance. Right now I will make less than $64,080 so I should get a premium tax credit for my healthcare. If I get a RAISE that puts … read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
1,025 satisfied customers
I'm a self employed consultant. I selected a policy on
Hi: I'm a self employed consultant. I selected a policy on healthcare.gov and paid all premiums direct to the insurance company. I received a 1095A form from the exchange. I did not qualify for any su… read more
Barbara
Barbara
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10,660 satisfied customers
Question about allocating 1095-A on form 8962 between
Question about allocating 1095-A on form 8962 between parents return and independent daughter who files her own return but was on the same marketplace health insurance as her parents. The daughter did… read more
Michael
Michael
CFO
Master of Accounting
2 satisfied customers
In 2015, I had health insurance under my own name from the
In 2015, I had health insurance under my own name from the CA marketplace with no APTC (entirely out of pocket). I am self-employed, with two disregarded-entity businesses: a sole proprietorship and a… read more
Jason M. Tyra, CPA
Jason M. Tyra, CPA
Principal
Master's Degree
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1095-A Shared Policy Allocation: Parents included their son
1095-A Shared Policy Allocation: Parents included their son and daughter in their insurance in the market place. But they did not their son and daughter me as dependent. Parents paid for 100% of the h… read more
Lev
Lev
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Bachelor's Degree Equivalent
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Line 38 on 1040A is to deduct health insurance premiums -
Line 38 on 1040A is to deduct health insurance premiums - are Medicare Part B payments allowed?… read more
Lev
Lev
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Bachelor's Degree Equivalent
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Re: Line 29. Self-employed health insurance deduction, I am
Re: Line 29. Self-employed health insurance deduction, I am 100% self employed, I have two small businesses both under my name, I paid 2 months worth of Cobra and 10 months of premium under the market… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,282 satisfied customers
I need some help with the tax deductibility of self-employed
I need some help with the tax deductibility of self-employed health insurance. My understanding is the business income (from Sched. C) has to be greater than or equal to the total amount of the health… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
Master's Degree
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Hello, I am a self employed Massage Therapist with out health
Hello, I am a self employed Massage Therapist with out health insurance. If I buy a health insurance policy is there a tax deduction for the monthly premium I would pay for or should I just skip it an… read more
Anne
Anne
Master Tax Preparer
2,551 satisfied customers
Husband and wife are both self-employed and file separate schedule
Husband and wife are both self-employed and file separate schedule C's on their joint return. Husband pays for health insurance premiums to BCBS, which insures both husband and wife equally. His healt… read more
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Jesse Handel
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