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Deductions & credits
Thanks Mary.
But I think she received tax credit.
This is why.
I used free WEB TT and entered all zeros for income and numbers from 1095-A.
TT generated form 8962 that reflects Premium Tax Credit (PTC).
Final numbers for taxes owned or refund are all zeros, but form 8962 Premium Tax Credit (PTC) is populated.
TT is also generated NC state taxes.
And you are correct: TT is asking to file by mail.
So, my questions are: Should we file? What would be Pros or Cons of filing vs not filing? And also filing or not state taxes?
Thanks again for your help.
March 7, 2025
7:46 AM