@Critter-3
As you work for Intuit/TT, you tried to defend TT for product issues and question ACA marketplace instead? That's funny. While you are shocked the ACA Marketplace is still in existence, I am shocked TurboTax could not handle tax code correctly.
The complexity of tax calculation that you described is really irrelevant. Everything you said is already in the code except being turned off when household income is above 400% (shown as 401%). The only fix that is needed is "comment out the checking of 401% or greater than 400%". Anything beyond that only reveals the inefficiency of the code.
As I mentioned earlier, it is very understandable the product (or any software products) may have bugs. The frustration came from how TT support responded when the issue got brought up, and yours is unfortunately no better.
Here is the 2nd email I just received from TT Help team an hour ago. I am sure TT support team never read the articles that they asked their clients to read. TT support team is simply a joke.
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Hello,
Thanks for letting us know about your issue with your Form 8962. We apologize for any inconvenience this caused. We’ve got a help article that we think will help you with this. For the 2022 tax year, you must repay the difference between the amount of premium tax credit you received and the amount you were eligible for.
https://www.irs.gov/publications/p974#en_US_2021_publink100023121
https://www.irs.gov/affordable-care-act/individuals-and-families/eligibility-for-the-premium-tax-cre...
https://www.healthcare.gov/glossary/advanced-premium-tax-credit/
https://www.healthcare.gov/taxes-reconciling/
https://www.irs.gov/affordable-care-act/individuals-and-families/eligibility-for-the-premium-tax-cre...
https://www.irs.gov/affordable-care-act/individuals-and-families/the-premium-tax-credit-the-basics#:....
https://www.irs.gov/affordable-care-act/individuals-and-families/questions-and-answers-on-the-premiu...
If this doesn’t do the trick or there’s something else we can help you with, feel free to give us a call.
Thank you,
The TurboTax Help Team
