anna2
Level 1
12-07-2019
05:56 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Best Answer Click here
Labels
IRonMaN
Level 15
anna2
Level 1
12-07-2019
05:56 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Even if the Taxpayer has the A and the Spouse has the B? I'm trying to help someone out that did there taxes on Turbo Tax and got a letter from the IRS.
IRonMaN
Level 15
12-07-2019
05:56 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
B just informs the world that there was health insurance. A has all of the juicy information for credits or lack thereof.
Slava Ukraini!
Slava Ukraini!
anna2
Level 1
12-07-2019
05:56 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
So then act as if they both have an A and don't even bother with the B?
TaxGuyBill
Level 15
12-07-2019
05:56 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If they both had health insurance all year, check the box they had insurance all year. Then just enter the 1095-A (if column B of the 1095-A is blank, be sure to lookup and enter the proper amount ... actually you may want to look that up anyways: https://www.healthcare.gov/tax-tool/#/).
The only thing a 1095-B potentially does is tell you if the taxpayer did NOT have insurance all year. In that case, you need to tell ProSeries which months were not insured. Otherwise, there is nothing that needs to be done with a 1095-B.
The only thing a 1095-B potentially does is tell you if the taxpayer did NOT have insurance all year. In that case, you need to tell ProSeries which months were not insured. Otherwise, there is nothing that needs to be done with a 1095-B.