How do we deduct the amount that had to REPAID for the Marketplace Health Insurance.

[caroljo]

My self employed  client had Marketplace Health Insurance and ended up earning much more than was planned.  They have to pay back over $9,000.  Can I use this as a Health Insurance Deduction?  And if so, how do I do it?  Do I have to manually post it or will the program do it?

[Just-Lisa-Now- · Accepted solution]

Link the 1095A to Sch C down at the bottom of the 1095A entry sheet, the program should make the proper adjustments

[caroljo]

Thank thank you, Just Lisa Now..Sometimes I don't know how I could do taxes without your input. 😊😃