premium tax credit

Forum|Forum|4 years ago
February 15, 2022
2 replies
14 views

Client purchased healthcare and received 1095-A

Client paid all health care premiums from an employer funded retiree health care account

Programming calculating a premium tax credit

Client should not be eligible based on the fact that premiums were paid for with tax free funds

I need assistance to handle that within the programming

Thank you

ProSeries Professional

This topic has been closed for replies.

The_AntiTax_Man

Level 7

@myerstaxservicel please post the solution when you solve this.

IRonMaN

Level 15

I don't dabble much in this area, but why not report the health care account proceeds as income?

Slava Ukraini!

rbynaker

Level 13

I'm also in the "don't dabble much" club on this. Retirees I've seen who still get health coverage get either a W-2 or 1099 each year for their benefits. Are there any income documents from either the former employer or perhaps a union? I've had a few of these convoluted situations where I've had to follow the money from 1099 to the bank account and everything in between.

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