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posted Jun 6, 2019 1:26:46 AM

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.

0 1 960
1 Replies
Level 3
Jun 6, 2019 1:26:47 AM

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.