topic Adding Form 8962 to my TT return in Get your taxes done using TurboTax

Adding Form 8962 to my TT return

ottokess — Tue, 18 Mar 2025 21:45:10 GMT

How do I add Form 8962 to my TT return. What steps do I do to add just a Form??

Re: Adding Form 8962 to my TT return

ThomasM125 — Tue, 18 Mar 2025 21:55:41 GMT

You need to enter your Form 1095-A you receive from the marketplace insurance exchange in TurboTax to generate Form 8962. You enter it in the Deductions and Credits section, then Medical, then Affordable Care Act (Form 1095-A).

Re: Adding Form 8962 to my TT return

ottokess — Tue, 18 Mar 2025 22:11:04 GMT

Yes. I did that on my tax return. Everything is good there. However, the will not accept my daughter's return because they want a Form 8962. If I put in all the 1095 A numbers it changes my daughter's return from getting a few hundred dollars back to thousands and that does not feel right to me. Is that right??? I was think I just needed to add the Form 8962 and put the numbers in. ???

Re: Adding Form 8962 to my TT return

ThomasM125 — Tue, 18 Mar 2025 22:24:50 GMT

If you claim 100% of your daughters insurance premiums on your tax return, enter the Form 1095-A on her return and check the box that indicates that she shared the policy with another taxpayer. Then , on the screen that says Since this is a shared policy, we need to know how to allocate the policy amounts, enter $0 for your premium percentage, Your SLCSP percentage and Your Advanced Payment of PTC percentage.

Re: Adding Form 8962 to my TT return

ottokess — Tue, 18 Mar 2025 22:28:58 GMT

That sounds right. BUT where is the box to check that it is SHARED ???

Re: Adding Form 8962 to my TT return

DawnC — Tue, 18 Mar 2025 22:36:21 GMT

On the next screen after you enter the 1095-A info, you will get this screen. Put a check in the box that says this is a shared policy.

Re: Adding Form 8962 to my TT return

ottokess — Tue, 18 Mar 2025 22:40:35 GMT

TY. I swear I did not see that screen. I will try agin tonight