WITAXLADY SEHI deduction with ACA repayment

[BHoffman]

Repayment of ACA subsidies for SEHI is included in the SEHI deduction in the same year.

Client SEHI total before subsidy is $10,000.  The subsidy he received in 2016 was $3,000.  His 2016 tax return shows he has to repay $2,000.

His 2016 SEHI deduction is:  10,000 total - 7,000 subsidy + $2,000 repayment = $5,000

The reason is that the insurance cost $10,000 and he starts out with that amount.   The subsidy and repayment are the means of payment.

[jklcpa]

Yes, it is all in the same year.

I'm not sure about your example though, or if you and WITAXLADY have been talking about this as a real life situation.  In the second line above, you say the subsidy received was $3K but in the next line you used $7K. I agree with the basics of what you are saying though, that you basically use the final subsidy ALLOWED on the 8962 as the offset to the premiums, which is really taking the subsidy received and reducing it for any repayment, or increasing it for any additional PTC allowed when filing the return.