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My husband and I are retired and get 2 social security checks a month, our market place tax form is causing us to get a25,000 refund, how can that be?

 
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2 Replies

My husband and I are retired and get 2 social security checks a month, our market place tax form is causing us to get a25,000 refund, how can that be?

First----better check the amounts you entered for your SSA1099's and then check what you entered when you entered your 1095A for the marketplace health insurance.    You likely made a mistake with the amounts.  Look for extra zeros or misplaced decimals.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

My husband and I are retired and get 2 social security checks a month, our market place tax form is causing us to get a25,000 refund, how can that be?

Especially double check any federal withholding like on Social Security SSA-1099 box 6 or any 1099R box 4.  In fact I would delete the SSA-1099 & 1099R forms and  enter them again.  That usually clears something out.  

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