Thank you! I see now that it says
Line 16: $7345
Line 17:
Amount from Schedule 2, line 3: $1676
On schedule 2, I see
Excess advance premium tax credit repayment. Attach Form 8962: $1676
I lost my job last year and we had health insurance from Marketplace.
But when I tried to calculate form 8962 myself, I do not see any additional taxes.
I called healthcare.gov and they gave me the annual amounts for the 1095-A
but TT does not have such a row. I am wondering if TT has calculated this "excess" incorrectly.
to add:
I tried to calculate form 8962 myself and get on line 26 Part 2 , a credit of $948... but TT says I have a penalty of $1676 :(
Net premium tax credit. If line 24 is greater than line 25, subtract line 25 from line 24. Enter the difference here and on Schedule 3 (Form 1040), line 9. If line 24 equals line 25, enter -0-. Stop here. If line 25 is greater than line 24,
