callaghanhouse
Returning Member

Deductions & credits

I have 2 adult children that are covered on my Marketplace Insurance, Form 1095-A. They are at an age/income level that requires them to file their own returns and can no longer been claimed as my dependents on 1040. Their combined MAGI is required on Form 8962 for the correct calculation the Premium Tax Credit but this creates an error when running the final review. The error states the following:

"Check This Entry

Form 8962: Dependent's Modified AGI   If Form 8962, Line 2b 'TotalDependentsModifiedAGIAmt' has a non-zero value, then you must have entered dependents and their social security numbers that are reported on Form 1040.

Dependent's Modified AGI _________________"

The amount that is display on that line(a box inside the software) is correct BUT is the only variable that the software will allow me to change !!!!????

I inputted their names & socials for the 1040 but they were not able to claimed as dependents.

I spent over 2 HOURS on the phone with TurboTax Customer Service. In less than 10 mins after being escalated up the chain, the call went silent on the other end but the call stayed live for approx 10 mins before I was disconnected.

Please Help !!!!