Form 8962 my line 27 = $-1008.00 line 28 = $1550 line 29 = $ -1008.00. Is this form allowed to have a negative number or should I enter 0?

I got a letter from IRS stating I need to send in my 1095-A and form 8962. I have followed all directions and I am coming up with a negative amount for lines 27 & 29 on form 8962.

posted

Column d should be 132 (323-191).

Column e should be 132 (smaller of 323 or 191).

Line 24 should be 1,584 (132*12).

That should take care of your negative number problem.

Cannot enter negative numbers in Other Income->Gains/Losses (short-term) field on the tax estimator page. Tried to use minus sign as suggested, but does not work.

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Form 8962 my line 27 = $-1008.00 line 28 = $1550 line 29 = $ -1008.00. Is this form allowed to have a negative number or should I enter 0?

Form 8962 my line 27 = $-1008.00 line 28 = $1550 line 29 = $ -1008.00. Is this form allowed to have a negative number or should I enter 0?

Get more help

Do you have a TurboTax Online account?

Form 8962 my line 27 = $-1008.00 line 28 = $1550 line 29 = $ -1008.00. Is this form allowed to have a negative number or should I enter 0?

Do you have an Intuit account?

Form 8962 my line 27 = $-1008.00 line 28 = $1550 line 29 = $ -1008.00. Is this form allowed to have a negative number or should I enter 0?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert