Kaputnick
New Member

1095-A Penalty Calculation

 

After completing my taxes the amount shown is around $10,000. After entering the 1095-A we owe around $10,000? Yes we did make more based on 401K withdrawals but that is my only source of income (retired) but a swing of 20K? 

How is this calculated? Yes we did get the benefit of a reduced premium but it acts as if none of my payments were taken into account?