Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

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

vaustincpa
Level 1
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Solution

Accepted Solutions
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. 

View solution in original post

0 Cheers
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. 

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