IRS says TurboTax miscalculated Form 8962. I thought TT guaranteed the calculations. ???

Forum|Forum|3 years ago
September 20, 2022
1 reply
25 views

TurboTax H&B 2021 calculated my Form 8962 Line 5 to be 133%. However, the IRS sent me a notice that it should be 347%. When I calculate it, I get 347%. Unless I'm missing something, it appears that TT miscalculated Line 5. I thought that TT guaranteed its calculations to be 100% accurate. ???

TurboTax Home & Biz Windows

Best answer by Critter-3

OK ... you have an IRS data input operator error not a TT problem. Write back and tell them to read their own rules for the 8962 for the 2021 tax year when you have unemployment on the return.

Next time efile when at all possible to avoid these kind of errors.

https://www.irs.gov/pub/irs-pdf/i8962.pdf

Critter-3

Level 15

Did you have unemployment on the return ? Did you mail in the return or efile it ?

BTRRAuthor

Level 4

Yes, I had unemployment income. Yes, it was included on my return.

I snail-mailed my return.

Critter-3Answer

Level 15

OK ... you have an IRS data input operator error not a TT problem. Write back and tell them to read their own rules for the 8962 for the 2021 tax year when you have unemployment on the return.

Next time efile when at all possible to avoid these kind of errors.

https://www.irs.gov/pub/irs-pdf/i8962.pdf