We went through our federal return information and through everything, it said we owed $500. Then we got to the part where we enter the 1095-a form.
Our Monthly premium (column A) was $810.15 and the second lowest cost plan (column B) was $674.29. (Column C) the Monthly advance payment of premium tax credit was $0.00 for all except 2 months at $38.00 each (total $76.00).
Suddenly our federal return jumped up to getting back $7,500.
While I'm very happy to see that number, I'm wondering... did I do something wrong? Clearly that can't be right?
I've double checked all the info and everything was entered as it appears on the form.
I've also deleted the entry (back down to owing $500) and then re-entered it - to see the return jump back up to $7,500.
Any help is appreciated!
