Bill, the TT web site told me to wait for the IRS to contact me about the 8962 needing to be included and another Community tax pro told me to NOT file the 1040X. Right now I'm paying what I owe minus the 8962 that is requiring me to repay the Premium Tax Credit. Will filing a 1040X head this off at the pass and can I do it on TT?
The TT web site guidance says:
If you filed your taxes without Form 8962, but need to include it, don’t amend your return. Wait until the IRS sends you a notice requesting the form.
If you received a notice from the IRS requesting Form 8962, you’ll have to add a Form 1095-A to your return in TurboTax, print Form 8962, and mail it to the IRS. For more info on this process, go here.
What does the IRS charge for interest? I have the money in a HYSA paying 4.1% so I'm hoping whatever interest I owe is a wash!!
