In 2020 I was enrolled in a Cover California health plan. I received a federal 1095-A tax form and a California tax 3895 tax form. When I entered in the information for the federal return, it said the amount paid was correct so I would not need to repay anything, and therefore had no effect on my estimated tax refund. When I entered in my information from the California 3895 form for my state taxes, my estimated return increased by approximately $11,000. All the information on the two forms matched each other, except the amounts in the "C" column (monthly advance payment of premium assistance subsidy) on my state tax form was significantly lower than that that was listed on my Federal 1095-A form. I've never had a state return this big before, so I'm just curious if this sounds correct... Thanks in advance.
I would recommend reviewing your input to ensure the amounts were entered correctly as it sounds like there may have been an amount entered incorrectly in the interview sections.
Go to your Federal interview section.
Once you confirm the amounts above, go ahead and review your input in the state interview section to verify everything is entered correctly there as well.
Proceed through the screens and answer the questions as prompted for your health insurance coverage. Be sure to follow the screens carefully as sometimes you may need to enter a zero or select a yes or no answer for the tax return to populate correctly.