When putting in my information on turbo tax from 1095 a form that I received from marketplace it put I was covered for months I was never covered for will this affect my taxes
You'll need to sign in or create an account to connect with an expert.
Delete the Form 1095-A. Then re-enter the Form 1095-A manually.
If it added amounts to months that you did not have coverage for then it will affect your tax return. The premium tax credit will be reduced by the amount of months you received the credit. If you have already filed your return, you can amend your return once your return has been accepted and processed by the IRS. If a refund is being received you will want to wait until you receive your refund prior to amending your return.
If you have not filed your return you can still make changes to your 1095-A form. Follow these steps to change the 1095-A entries:
So they won’t reject my refund they’ll just make the changes when processing my documents. I was already accepted and the irs have it . I filed with a dependent so I know I have to wait until the 15th to get approved or rejected . Just concerned
If you have already submitted your return and it's been accepted by the IRS for processing, there's 2 things that could happen:
1) The IRS will process it as you filed it and give you the refund you expected.
2) If their system finds a mistake or catches any discrepancy, they will send you a letter with more instructions.
It's recommended that you wait until the IRS fully processes your Tax Return before making any changes, to avoid a delay in processing. Once your Return has been fully processed, sign back into your account and complete and submit an Amended Return, and fix any mistakes previously made.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
tcdude99
New Member
lenka2
New Member
brooklin711
New Member
rhondajoy125
Level 3
dawngurl67
New Member