turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

dilyschui
New Member

My son needs to file his own tax return, $3500 grant & $670 W2 income need to report. Turbo tax did not ask his income. Should I just put t$4170 to item 2b on form 8962?

Will the unearned income of $3500 be included to item 2b?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Leonard
Intuit Alumni

My son needs to file his own tax return, $3500 grant & $670 W2 income need to report. Turbo tax did not ask his income. Should I just put t$4170 to item 2b on form 8962?

No your son's $3,500 grant is not included in his Modified Adjusted Gross Income MAGI under the Affordable Care Act.

The link below has information that you may find useful.

http://laborcenter.berkeley.edu/pdf/2013/MAGI_summary13.pdf

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies