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Level 2
November 22, 2022
Question

Market Place for 2022

  • November 22, 2022
  • 2 replies
  • 28 views

I am estimating my taxes for 2022 and entered the estimated 1095-A numbers.  I am using Desktop Premium 2022.  Is Turbo Tax calculating this correctly for 2022 yet?  I plugged in the estimated numbers on the Form and it is saying I have to pay back 100% of the up front credit I received.  I understand that it is based on Income but I shouldn't have to pay back 100%.  

    2 replies

    Level 15
    November 22, 2022

    The program is in its infancy and will be updated multiple times. You can’t file until late January. Any calculation now should be considered very preliminary. 

    rmills01Author
    Level 2
    November 25, 2022

    Hi and thank you for following up.  Unfortunately in my case, I will need to have a better idea before the end of the year  For now and my sanity lol,  I really just needed an answer to whether it was a bug (or a feature they have not coded yet) in the software or not.