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mgarcia3
New Member

My return is showing that iwill have to pay 1500 back to aca but it does not lower my return on top left side?

using 1095 and i have to pay back 1550. yest it doesnt lower my refund amount on top left corner?

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MayaD
Expert Alumni

My return is showing that iwill have to pay 1500 back to aca but it does not lower my return on top left side?

If you already entered your 1095-A, form 8962 calculates the Excess advance premium tax credit repayment. That amount is reported on form Schedule 2 line 2 and will carry over to form 1040 line 17.

 TurboTax already included that amount when calculating your refund.  

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