Basically the form says that I owe updated amount of 5,892 plus penalties and interest. This amount is the difference of the maximum annual premium tax credit (25,530) and what I received (7,369) minus what I prepaid in taxes.
I looked through my turbotax home and business 2021 desktop edition worksheets.
My household income on the 8962 worksheet line 3 is 136,371
Oddly though, line 5 shows the "household income as a percentage of federal poverty line" to be 133%
Is this a turbotax mistake? This has resulted in me being assessed taxes, penalties and interest.
What are my next steps to get this looked over by turbotax and me being refunded the penalties and interest?
