TAXMAN Posted April 23, 2016 Report Share Posted April 23, 2016 Can someone check me? Net sch c $7909 btw this is MFJ no kids line 22 total income $26902 Non taxable ss $24299 line 27 se adj 559 IRA contribution 13000. Wife has wages. 1095a 33A 15885 33b 15885 33c 13536 What would be my realistic Self employed he ins# and would there be a pay back. For some reason I am getting SE ded more than they actually paid 195.74 x 12= 2349. Thanks for any insight you may be able to give. Quote Link to comment Share on other sites More sharing options...
jklcpa Posted April 24, 2016 Report Share Posted April 24, 2016 From the #s you provided, this couple's share of the premium they paid was $2349. That is from the annual premiums 15885 less the subsidy received of 13536. I think you are agreeing with that. Based on the information on the return, the PTC payback will be 163, meaning that effectively they will have paid $2512 toward the the premiums. That is the amount I am getting as a calculated amount for the SEHI for line 29 deduction. Odd return. Quote Link to comment Share on other sites More sharing options...
TAXMAN Posted April 24, 2016 Author Report Share Posted April 24, 2016 Thank you. Yes this was an odd return and getting a set of numbers I could live with was painfully irritating. Quote Link to comment Share on other sites More sharing options...
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