Is TT correct in calculation that i need to repay ACA subsidy due to my higher-than-expected income level for 2021? The reason for question is that TT reports errors after zeros are inserted for the months after i switched out of ACA insurance to employer provided insurance mid-year 2021 (as reported in my Form 1095-a).
How to fix?
thank you.
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Yes, if your Modified Adjusted Gross Income (MAGI) is higher than what the ACA allows, you'll have to repay your advanced premium tax credit.
To remove the error messages, do not enter zero's. Leave the fields blank. If you still get errors, delete forms 1095-A and 8962.
Yes, if your Modified Adjusted Gross Income (MAGI) is higher than what the ACA allows, you'll have to repay your advanced premium tax credit.
To remove the error messages, do not enter zero's. Leave the fields blank. If you still get errors, delete forms 1095-A and 8962.
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