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Client had marketplace insurance for 2 months, then Medicare. How do they avoid excess repayment? They correctly cancelled the Marketplace.

vaustincpa
Level 1
 
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TAXOH
Level 11

Check the box that they had insurance the entire year and enter the 1095 A for the 2 months they had marketplace insurance. 

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4 Comments 4
TAXOH
Level 11

Check the box that they had insurance the entire year and enter the 1095 A for the 2 months they had marketplace insurance. 

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Just-Lisa-Now-
Level 15
Level 15
If their income is too high, they will have to pay back the advance credit, I don't think there's anyway to avoid that.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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vaustincpa
Level 1
Thank you.
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TAXOH
Level 11
You're welcome
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