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Get your taxes done using TurboTax
Ok, I was able to get to the form using the last suggestion mentioned. I figured out why it wasn't showing the form 8962 and I'm not sure if it's correct or not, because it is showing that we are at the 401% poverty level. My husband now draws social security, which has a taxable portion that is $2304.00 less than what was actually received. My adjusted gross income is $2304.00 less than the Modified Adjusted Gross income used by Form 8962, which puts us above the 400% poverty level, basically meaning the difference of receiving a $3750 refund or paying $3,221.00 in tax owed, a difference of almost $7000.00. I really wish that the government would do something about this. This cut-off for the Premium Tax Credit should be graduated somehow. Seven thousand dollars is a big difference to someone who only makes about $65,000 for the year. We are NOT rich, as they would have us believe.