If you are e-filing your tax return, all you need to do is enter your 1095-A in the Healthcare section of TurboTax.
If you are amending your tax return, then you will need to send in a copy of 1095-A. Here's how:
How to Amend:
1. Print out a copy of your original return for your records.
2. Go into Turbo Tax and click Amend (change) a filed and accepted return under Manage Your Return. It's zeroed out (which is why you need to keep a copy of your original return).
How to enter Form 8962:
1. Go to the Health Insurance section after you have clicked Amend a return.
2. When you get to Was anyone enrolled in any of these less common plans in 2016?, answer Yes to A plan that sent or will send a 1095-A.
3. Walk through the rest of the screens to enter your 8962.
When you're finished, make sure there is an entry on the line for “excess advance premium tax credit repayment” (line 46, Form 1040, or line 29, Form 1040A) or the line for “net premium tax credit” (line 69, Form 1040, or line 45, Form 1040A).
To check to see if you do have entries on those lines,
1. Go to My Account.
2. Go to Tools.
3. Go to View Tax Summary.
4. Go to Preview my 1040.
Turbo Tax will fill out the 8962 and a newly computed page for you to submit to the IRS.
You will not be completing and sending a Form 1040X (an amended tax return) to the IRS; you will only print out the requested forms.
Here's what goes in the package:
· a copy of your Form 1095A provided by your Marketplace
· a completed Form 8962
· a copy of the corrected second page from your original return that shows the “Tax and Credits” and “Payments” sections.
· A copy of the LTR 0012.
You can either fax the package to the fax number listed on the letter, or mail to the address on the letter.
