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.