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Form 8962 Worksheet W not available in TurboTax Premier?

I tried to use TT Premier 2021 to do my taxes but hit too many roadblocks and ended up paying my accountant to complete them.  Now that they are done, I have the completed returns and I'm comparing my failed effort in TT to the return they created.  

The only difference between what I created in TT and their return is the entry on 1040 Schedule 1 line 17 - "Self Employed Health Insurance Deduction".  TT produced a figure of '$2,499' and my accountant filled in a figure of '$2,034'.  Digging deeper into their return, I see that Sch 1 line 17 entry is derived from Form 8962 Worksheet W (and X), and then ultimately 'Step 3 Worksheet' and 'Step 5 Worksheet'. The last line of 'Step 5 Worksheet' - line 7 - says 'Enter the smaller of ... Include on line 17 of Schedule 1 (Form 1040). " So that's where the figure of $2,034 is coming from.   

 

Looking at TT, in 'Forms' view, I can see Form 8962, But it ends with 'Part V', and has no trace of any Worksheets at all. 

 

On my 'professional' return, Worksheet W immediately follows Form 8962 and 'appears' to be called Form 8962 Worksheet W (in the navigation pane) but the 'page' itself just says "Worksheet W" with a description of  " Figuring the Limit on the Self-Employed Health Insurance Deduction for Specified Premiums".  Edit To Add: Further searching suggests 'Worksheet W' is part of 'Publication 974'. 

 

So is there no way to find this 'worksheet W' in Turbo Tax Premier? 

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2 Replies

Form 8962 Worksheet W not available in TurboTax Premier?

Since you must be using the downloaded program simply switch to the FORMS mode and make a direct entry on the form or the worksheet so your return matches that the CPA did.   I am fairly certain the difference is due to a form 8962 adjustment but you should ask the CPA to explain it to you.

Form 8962 Worksheet W not available in TurboTax Premier?

Well, the 2021 return has already been completed; the reason for my question is, I want to be able to use TT Premier next year for my 2022 taxes, but I need to know how to fill in that figure (Schedule 1, Line 17).  And/or, perhaps more to the point - I need to know how TT already filled in that value on the 2021 return - there was a number there in line 17, put there (calculated by) TT, and I don't know what the basis for their calculation was. In the case of my 'prepared' return, the 'workings' are clear (worksheet W, worksheet X, step 3, step 5), but in TT, the number just 'appears'.  Since the difference between the TT number and the 'prepared' number is quite large (~$500, 25%) I'm not comfortable just ignoring the difference, especially since the TT return yields a larger refund (thus possibly exposing me to review). 

 

I did read other posts about this, and it does seem the calculations for this number are a bit 'quirky' - eg this post - but still, I'd like to know what method TT used to come up with its number! 

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