topic Form 8962 - flaw in turbo tax software?? in Deductions & credits

Form 8962 - flaw in turbo tax software??

Contribute89 — Mon, 09 Mar 2026 05:39:58 GMT

The software for form 8962 is not calculating line 5 (Household income as a percentage of federal poverty line) correctly. Has anyone else had this problem?

Re: Form 8962 - flaw in turbo tax software??

JohnW152 — Sun, 20 Feb 2022 14:30:07 GMT

There are some special rules that sometimes come into play when calculating line 5 of Form 8962 that might account for what you’re seeing.

Please see Line 5 and Worksheet 2 – Household Income as a Percentage of the Federal Poverty Line in the IRS’ Instructions for Form 8962 for more information.

If this isn’t helpful for your scenario, please provide additional information. Your entries on lines 1 - 4 would be helpful, as would the entries that the program is displaying for Part I of the form.

Re: Form 8962 - flaw in turbo tax software??

Contribute89 — Mon, 21 Feb 2022 17:14:55 GMT

This solved the problem. Thanks