self employed hei and the ptc

[TAXMAN]

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.

 

[jklcpa]

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.

[TAXMAN]

Thank you. Yes this was an odd return and getting a set of numbers I could live with was painfully irritating.