Self-Employment Health Insurance Deduction When Year Is Split Between Exchange and Employer Health Plans
At the start of 2020, I was on a Healthcare Exchange plan and receiving a sizable subsidy given my lack of employment in 2019. In March, as the rest of the world was falling apart, I started a new job that came with a healthcare benefit and a salary that quickly made me income ineligible for the subsidy, so I switched to the employer-provided plan. It was a better plan as well.
As I understand it, the pandemic relief act made it so that I did not have to repay the subsidies received for the first three of the months, which is great. But here is where I get confused.
In addition to my primary W2 job, I also had a freelance role for 12 months in 2020. I want to be able to deduct the Healthcare Exchange Plan premiums I was paying for the first three months of the year as a self-employment healthcare expense. Is this possible, since I used my non-self-employed healthcare plan for the remaining 9 months of the year?
If it makes any difference, I have both a form 1095-A and a form 1095-C.
