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preppyg34
New Member

12C Letter from IRS

I used TurboTax to prepare and e-file my husband and my return (married filing jointly) and our daughter's return (single, not a dependent). I shared allocations on our marketplace policy Jan-July (parents 99% daughter 1%). Non dependent daughter was dropped from policy after July.  Both returns indicated the shared allocation.  Turbo Tax generated different amounts than those listed on the 1095 based on the allocations. We filed, paid amount due, and never received a notice regarding issues on our tax return. Transcripts updated and showed the amount we paid. However, our daughter just received a letter from the IRS saying that form 8962 Part II columns a, b, c doesn't match the information they have on file from the Health Insurance Marketplace. (Obviously due to the allocation?). What is my next move with the IRS?  Have her send in the 1095 with a letter explaining the allocation? Thank you for any suggestions. 

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1 Reply
SharonD007
Employee Tax Expert

12C Letter from IRS

Yes, that would be the correct thing to do.  

 

Refer to the TurboTax Help article I got a 12C letter from the IRS (Form 8962) and the IRS website Understanding Your Letter 12C for more information.

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