Bottom Line:
- Turbo Tax calculates the subsidy wrong when MAGI is above 400% of poverty level.
- Some at TT acknowledge there MAY be an issue, other front line people say it is working correctly. I was told TT is investigating the issue, but did not say it was an error. The Investigation number is INV-21840.
- Other Tax software (I have checked Tax Act and H&R) works correctly.
- You can move to a different vendor or wait for TT to fix it.
- For me, I am moving on. Hope it is fixed sooner than later.
‎January 17, 2023
4:49 AM
