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dbarkan2
Level 2

My Form 8962 rounding each individual month and therefore my annual totals do not match my Form 1095 and is causing my tax credit repayment to be higher. Why is this?

 
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Accepted Solutions
fanfare
Level 15

My Form 8962 rounding each individual month and therefore my annual totals do not match my Form 1095 and is causing my tax credit repayment to be higher. Why is this?

you have to fix this by reducing half of them by a dollar

It is important that the final total is exactly correct.

This is a bug in TurboTax.

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4 Replies
fanfare
Level 15

My Form 8962 rounding each individual month and therefore my annual totals do not match my Form 1095 and is causing my tax credit repayment to be higher. Why is this?

you have to fix this by reducing half of them by a dollar

It is important that the final total is exactly correct.

This is a bug in TurboTax.

dbarkan2
Level 2

My Form 8962 rounding each individual month and therefore my annual totals do not match my Form 1095 and is causing my tax credit repayment to be higher. Why is this?

Thank you for your response. Is it not a problem that half of my monthly amounts will then be incorrect and not match my 1095-A?
fanfare
Level 15

My Form 8962 rounding each individual month and therefore my annual totals do not match my Form 1095 and is causing my tax credit repayment to be higher. Why is this?

It is important that the final total is exactly correct.
myklj
New Member

My Form 8962 rounding each individual month and therefore my annual totals do not match my Form 1095 and is causing my tax credit repayment to be higher. Why is this?

This problem STILL occurs as of 1-18-19 for 2018 form 8962 credit reporting (online version).
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