Hello experts,
I was modeling different tax scenarios when I discovered a peculiarity with form 8962. With a family size of 2 the FPL on line 4 is $17,420 which is 2021 FPL number. I expected it to be $18,310 for a family of 2 for 2022. After all, I'm modeling 2022 tax year. This is important because the threshold for 400% FPL is lower and thus the repayment limitation of $2,800 goes away with a lower AGI.
I'm up to date with my software. Can anyone give me a reason why FPL for Turbo Tax calculation is $17,420 and not $18,310 as I would expect.
Thanks for any input provided.
Dave
