Edit: Thank you so much to those who responded. You were absolutely right. The credit was right where you said it would be. I knew that TT wouldn't get something so simple wrong.
I used TurboTax to file my 2024 tax return and just noticed what appears to be a major issue.
I received a Form 1095-A from the Marketplace.
On Form 8962, my Line 26 (Net Premium Tax Credit) shows $2,234.
But on my Form 1040, Line 20 only shows $200 — not the full amount.
As a result, my refund was $2,034 less than it should have been.
I confirmed that TurboTax generated Form 8962 correctly (all the advance payments and premiums are properly listed from my 1095-A). But it seems TurboTax failed to carry over the Line 26 credit to 1040 Line 20, which is required.
My Questions:
Has anyone else had this issue with TurboTax this year?
Is this a known glitch?
Does this qualify for the Maximum Refund Guarantee or 100% Accurate Calculation Guarantee?
I feel like this is a serious error — especially since everything was entered correctly. I'm considering filing a 1040-X amended return to claim the full credit.
Thanks in advance for any advice or confirmation. I'd love to know if I'm not the only one who experienced this.
