I received benefits under the AFC act which pays a portion of my monthly premiums. I still pay $777.44 per month from my own funds. If I did not pay these funds I would not have insurance. Therefore, are the personal funds I paid toward the total premium tax deductible as a medical expense?
As a note I think it is unfair that some people are being allowed to ignore the error that was made in calculating how much they were entitled to by the government toward the monthly premium and those of us who got conflicting answers from the MarketPlace (I got two saying my original form was correct and two and said it was incorrect). I am having to refund that.
This is putting a tremendous tax burden on me, especially when you have to add back in the half of your social security payment that may be tax free. This provision, caused my estimate of what my income would be to be off by several thousand dollars.
To your other point, we are really sorry to hear that! People who are getting to keep the difference are keeping small amounts. Generally the incorrect piece of information doesn't change the amounts owed or refunded by much. If you got an incorrect 1095-A, and it would benefit you to file with it, you can and you can probably keep the difference too. That being said, if you've already got the corrected one you are supposed to file with the correct form. If you can't figure out which one is correct, filing with the one that gives you the biggest break seems smart. That is the gist, still we would truly suggest to anyone that they double check their own 1095-A info and simply file using the right information. There may not be a reward from the IRS for doing things the right way, but that doesn't mean doing the right thing isn't a reward in-and-of-itself.