Erik S. asked
When doing my Accuracy Review on my HR Block Tax program, it said that my entry for my health insurance premiums are less than my marketplace premiums. I had my policy through the Affordable Care Act. The amount I entered was the actual premiums I paid out of pocket. Should I have entered the total amount from Part III of my Form 1095-A, Column C - the Monthly advance payment of premium tax credit? My actual payments for the year after the discount is 4,081. I filed an extension because I thought my tax owed was high and I'm unsure of this question. I'm self-employed and the accuracy review concerns my health insurance deduction.
June 30th, 2024
Sean K. answered
The discrepancy in your health insurance premium entry is due to the circular relationship created u...
June 30th, 2024
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