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Retirement tax questions
Hi, the problem with not being able to edit the 8962 is that the 1095-A is not always correct or complete and the IRS acknowledges that. In my case the 1095-A did not include a premium tax credit for Jan - Apr 2021, because the Biden recovery act did not pass and become effective until May. But I'm due the credit for the entire year. In my research I was directed to an IRS calculator at https://www.healthcare.gov/tax-tool/#/ which recalculated the amounts for the Monthly SLCSP premium and instructed me to enter those amounts in Column B of Form 8962. Turbo Tax does not allow that so I had to alter the 1095-A, which IRS does not allow. To get the correct tax result and not alter the 1095-A, I need to change the Form 8962. Right now the only way is to alter the 1095-A which i snot supposed to be done.