If you get tax subsidies through Covered CA to pay your premium,
the deduction claimed for the premiums under §106 line 29 and the Premium Tax Credit (PTC) computed,
taking the deduction into account, must be less than or equal to the premiums.
Resources & Links
If you earn less than $60k, tax software is available for Free!
What about estimating and uneven income? Kaiser Foundation FAQ’s.
Main Small Biz Tax Credit and Related Pages
Health Insurance Deduction Line 29 for self employed
Schedule C – Line 12 Biz Income or Loss, Line 29 Health Insurance Premiums, Line 37 Adjusted Gross Income, MAGI Income
AB 1672 – (1992 to 2013) Small Group Health Rules prior to Obamacare
Historical Crystal Ball – Guess Work