topic 8962 form in Get your taxes done using TurboTax

Tax Year Prior to 2020: I had fax the form 1095a and 8962 to the irs today, will my refund go up or still be same, how long will it take the irs to processed the forms

lakashabooker42 — Mon, 22 May 2023 20:31:14 GMT

It depends. Your refund may go up or down. If you used...

CarolC — Thu, 06 Jun 2019 16:38:08 GMT

It depends. Your refund may go up or down. If you used TurboTax to complete the forms you can review an updated page 2 of your 1040, which will show your new refund amount.

The documents you faxed to the IRS are either part of the reconciliation of the Advanced Premium Tax Credit or you needed to account for the allocation of your tax credit if your marketplace policy was shared with another taxpayer. This will delay your refund. The notice you received from the IRS provides information on how long your refund will be delayed. More than likely it's 6 to 8 weeks from when they receive your documents.

See the TurboTax FAQ below for more information. The same information applies to the 2017 tax year.

https://ttlc.intuit.com/replies/5824742

Okay

katriproff — Thu, 06 Jun 2019 16:38:09 GMT

Okay

Re: Okay

brie323me — Fri, 06 Mar 2020 14:19:56 GMT

Im having this same issue this year. Turbo tax didn't even ask for this info so needless to say this is my last time using TurboTax. Anyhoot, how long did this delay your refund once you sent it in? DId the IRS let you know they recieved it?

Re: I had fax the form 1095a and 8962 to the irs today, will my refund go up or still be same, how long will it take the irs to processed the forms

KMahala — Mon, 09 Mar 2020 09:13:45 GMT

This happened to others not using TurboTax. A coworker of mine used H&R Block, I used TurboTax and we both ran into this problem.

Re: I had fax the form 1095a and 8962 to the irs today, will my refund go up or still be same, ho...

LeonardS — Mon, 09 Mar 2020 14:15:08 GMT

It is possible that your refund may change either up or down. The change will be dependent on the difference between the Advanced Premium Tax Credit APTC you received and the actual credit you are due. If your APTC was less than you are due your refund should go up and if your APTC was more than you are due your refund will be less.

Re: I had fax the form 1095a and 8962 to the irs today, will my refund go up or still be same, how long will it take the irs to processed the forms

haileysluv07 — Mon, 09 Mar 2020 14:34:25 GMT

Looks like I am not the only person who has had this issue. I know in previous years the questions were asked whether or not I had insurance through an employer or through my State Health Connection. I am thinking because the law change that we will not get fined if we do not have health ins, the appropriate questions were hidden in the medical section of turbo tax. The tax preparer at H & R Block, they should if been trained to answer the questions for the 2019 tax year. I am pretty sure the IRS ran in to 1000's of returns with the same issue. Good luck to everyone!!

Re: I had fax the form 1095a and 8962 to the irs today, will my refund go up or still be same, how long will it take the irs to processed the forms

brie323me — Mon, 09 Mar 2020 14:40:57 GMT

Yeah I've called several times and they informed me they are getting a lot of Turbo Tax customers. Hopefully it will not take the full 6 weeks.

Re: I had fax the form 1095a and 8962 to the irs today, will my refund go up or still be same, how long will it take the irs to processed the forms

tlittl000 — Mon, 09 Mar 2020 15:31:10 GMT

I got the same message I got a tax topic 152 on Friday i faxed my forms on February 20 still no refund

Re: I had fax the form 1095a and 8962 to the irs today, will my refund go up or still be same, ho...

JohnW222 — Mon, 09 Mar 2020 15:50:56 GMT

The IRS's general timetable is to get you your refund within six to eight weeks of receiving your response. This is simply the goal; you may receive your refund earlier or later.

The request for Form 8962 and Form 1095-A is usually sent to taxpayers on the IRS's 12C Letter.
According to the IRS's Understanding Your Letter 12C page,

When we receive the requested information, we’ll use it to process your original tax return. If you’re due a refund, we’ll send it about 6-8 weeks after we receive your response.

Re: Okay

mfauntleroy1978 — Thu, 12 Mar 2020 18:16:11 GMT

I'm going through he same issue. I also was never asked about the medical which I thought was strange. I sent the 1095A form in along with the 8962. I called the IRS today. They said they received it but are still "processing" it. She says allow another 4-6 weeks. It's frustrating!

Re: Okay

AmyC — Thu, 12 Mar 2020 18:27:19 GMT

There used to be a tab for health insurance, back when everybody had to file forms. There are hundreds of forms inside Turbo Tax and the program only asks for the most common. Only those with a 1095-A must file health insurance forms now. It is is the Deductions and Credits section listed under Medical.

I am sorry for your frustration.

Re: I had fax the form 1095a and 8962 to the irs today, will my refund go up or still be same, how long will it take the irs to processed the forms

Jhochsk8 — Sat, 14 Mar 2020 02:46:29 GMT

Same happened to me, turbo tax should have never let any of us proceed with filing without that form, very frustrating

Re: I had fax the form 1095a and 8962 to the irs today, will my refund go up or still be same, ho...

LinaJ2020 — Sat, 14 Mar 2020 20:47:35 GMT

The reason why the program does not ask the question is that you are not required to have health insurance in 2019. The health insurance coverage is no longer mandatory at the federal level, as of January 1, 2019. However, some states still require you to have health insurance coverage to avoid a tax penalty.

If you have enrolled in the marketplace and received a Form 1095-A, you would still need to enter that in the program so to create a Form 8962 Premium Tax Credit.

@Jhochsk8

Re: It depends. Your refund may go up or down. If you used...

barryc000 — Mon, 16 Mar 2020 16:43:46 GMT

I'm not sure why the bing search shows the word Resolved in the subject line for this issue because as far as I'm concerned this does not resolve anything. It just tells me how badly turbotax screwed up and how it's going to affect others. I'll I wanted to do was file my taxes and get my refund so I can help my family and get caught up on some bills.

But because turbo tax did not ask me about 1095a information I ended up submitting without it and now like so many others have to wait and see. It's not right and the IRS should not allow turbo tax to continue to do business with them.

Re: I had fax the form 1095a and 8962 to the irs today, will my refund go up or still be same, ho...

Jhochsk8 — Mon, 16 Mar 2020 16:46:57 GMT

Sure I get that NOW! Just a little too late!

Re: It depends. Your refund may go up or down. If you used...

mfauntleroy1978 — Mon, 16 Mar 2020 16:51:57 GMT

I agree! I had plans to put our house on the market and look for another one and this is a major setback! I need the funds to pay down some credit cards. Now with the coronavirus outbreak, who know when we'll receive our money. I keep checking my refund status and it still says "processing". It's so disappointing and I've been with Turbotax over 5 years!

Re: It depends. Your refund may go up or down. If you used...

LinaJ2020 — Mon, 16 Mar 2020 17:08:00 GMT

If you have enrolled in the marketplace and received a Form 1095-A, you would still need to enter that in the program. If you have sent in the required paperwork upon the IRS request, it is estimated to take 6-8 weeks to receive your refund, unfortunately.

@mfauntleroy1978

Re: I had fax the form 1095a and 8962 to the irs today, will my refund go up or still be same, how long will it take the irs to processed the forms

Lookwhatyoumademedo — Thu, 19 Mar 2020 04:19:26 GMT

Same issue here. Turbo Tax is garbage for not having the option to resolve this through them. I pay them to prepare my taxes because it’s quick and easy.

8962 form

Jtrap — Fri, 20 Mar 2020 18:04:03 GMT

HI I did my taxes on the 9th of February, had a month of waiting for my fed. Refund then realized my 1095A and 8962 form had to be submitted. I signed in to turbo, amended my health ins. Option with my 1095A info. Printed and filled out a 8962 form and mailed it in to the IRS. Did I miss anything? What now? I didn't send the 1095A form, it suggested keeping for my own record. Now what?