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Healthcare Marketplace Tax Credit — FreeTaxUSA Community

WebAnswers. Hello! Unfortunately, the IRS does have a requirement that you are ineligible for the Premium Tax Credit if you are filing married separately (Q9 under the "Eligibility" …

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URL: https://community.freetaxusa.com/discussion/662/healthcare-marketplace-tax-credit

FreeTaxUSA Community

WebCommunity tax forum providing questions with answers regarding filing your taxes with FreeTaxUSA. Filers can ask about tax refunds, credits, deductions, how to file, and more.

Category:  Health Go Health

ACA family glitch and marketplace premium tax credits

WebHi Mishadog. You are welcome. That is a good point about the affordable coverage relating to the 9.12% of AGI. However, the tax form 8962, is used to reconcile the Premium Tax …

Category:  Health Go Health

Fixing the 1095-A Form Amounts — FreeTaxUSA Community

WebIf this applies to you, answer Yes to the question that asks if you need to allocate your premiums between two different tax returns in the Marketplace section of our software …

Category:  Health Go Health

Where do I fill out Form 8962 — FreeTaxUSA Community

WebBW1 Member Newcomer. March 30 in Filing my taxes. The Support Center says to go to filepath: Deductions/Credits > Health Insurance > Marketplace Health Insurance (1095 …

Category:  Health Go Health

1099 question — FreeTaxUSA Community

WebHi Godislove23! You will generally want to enter your Form 1099-R information in the software exactly as it appears on the form that you received. Then if you have deductible …

Category:  Health Go Health

Retirement Income — FreeTaxUSA Community

WebRETIREMENT CREDIT ($200) FOR OHIO STATE TAX RETURN. Answered23 views1 comment0 pointsMost recent by CoryF April 13. Treating Traditional …

Category:  Health Go Health

Macrx — FreeTaxUSA Community

WebIt's great that you're so conscious of your tax situation. As soon as you begin taking distributions from your 401k, your health insurance premium will likely need to be …

Category:  Health Go Health

Best Of — FreeTaxUSA Community

WebForm 7206 doesn't automatically account for the Form 1095-A and the Form 8962. Once you have refigured the premiums that qualify for the self-employed health …

Category:  Health Go Health

Medicare A and Health Savings Accout — FreeTaxUSA Community

WebHi, I signed up for Medicare A deferring B because I am still working. I stopped deposits to the HSA starting 12/1/2023 and plan to have a $0 balance on 12/31/2023 (my 65th …

Category:  Health Go Health

Should APTC be included in the "total payments" you made for …

WebHi nil000, if you are self-employed and can take the Self-Employed Health Insurance Deduction (or an itemized deduction for your self-employed insurance premiums) and …

Category:  Health Go Health

Credits/Deductions — FreeTaxUSA Community

WebCalculating maximum interest deduction on 2 mortgage loans that partiallyoverlap. 189 views3 comments0 pointsMost recent by RyanZ March 26. MI Homestead Credit …

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Claiming my son as a dependent — FreeTaxUSA Community

WebIn FreeTaxUSA software the questions you answer regarding your son will determine if you can claim him as a dependent. Publication 501 has all the details. In general, if your child …

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Can't find a way to file 1095-A / IRS Form 8962 on FreeTaxUSA

WebAnswers. Taxlady06 FreeTaxUSA Agent. March 4. Options. Form 8962 will generate after you have entered the information from your 1095-A form in the section that you have …

Category:  Health Go Health

Is money I never see counted as income

WebHello RuralCentralMontana, You can enter a Form SSA-1099 in your FreeTaxUSA account by going to Income > Common Income > Social Security Benefits …

Category:  Health Go Health

Tax Implications of Pension — FreeTaxUSA Community

WebIf your pension was a larger amount per year than you could possibly have some of your Social Security taxed. IRS says that Social security is taxable up to 85% of …

Category:  Health Go Health

Confusing HSA prompt: total for all accounts as of Dec31

WebIf that question is asked, then yes, you will need to answer it in order for your return to be filled out properly. It is related to calculating the penalty for excess …

Category:  Health Go Health

Advance Payment of the Premium Tax Credit – alternative …

WebIf you need to repay some of the advanced payment of the premium tax credit that you received, then the alternative marriage calculation may lower the amount you must …

Category:  Health Go Health