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Yes - TurboTax can prepare Form 8962 - Premium Tax Credit (PTC) for you.
Enter the 1095-A form you received into your return. TurboTax will calculate Form 8962 for you. To do this, please follow these steps:
[Edited | 3/9/2020 1:50pm PDT]
Will this help? If you already filed and the IRS is requesting it
So how would I go about having turbotax complete the 8962 form
Here is how to get the form 8962 filled out. Please note: You are NOT going to amend your return and you are NOT going to add a state return. These directions are quirky but will get the job done.
The IRS may adjust your refund once they receive your form 8962.
I followed the instructions like you listed but can't seem to figure out how to print the 8962 form completed.
The instructions above did not permit you to enter the 1095-A?
Or you are having trouble printing the paperwork?
After you have completed the 1095-A entry and IRS form 8962, follow these directions:
Turbo tax software says that on or after the 20th of February there will be an update , my return was rejected because of 8962 missing . How can Intuit forget to include that in the software which is mandatory from the IRS to calculate the right deductions ?
I have entered everything the same as last year and this is the first time I am having this issue and no one at turbotax seems to have a clear answer as to what exactly will happen .
In Turbotax it says that I will be able to refile for free after making the corrections and other tax experts from turbotax are saying that it will have to be printed and send by fax to the IRS .
I didn't receive a letter from the IRS it was an email from Turbotax
Form 8962 is available for filing.
The Individual Shared Responsibility Payment, this has been reduced to $0 for 2019. In the past, Form 8965 was required if you did not have healthcare coverage, but the form is no longer needed on your return. If you did not have healthcare coverage in 2019, you no longer need to report that or list an exemption on the healthcare requirement.
However, if you purchased insurance through the marketplace and received a 1095-A, that must still be reported on your return.This will calculate the Net Premium Tax Credit on Form 8962. This form reconciles the amount of the credit available to you with the amount already received as an Advance Premium Tax Credit. The result could be additional credit owed to you, or you may have to repay any amount already received in advance. Because of either of these results, it is important for taxpayers to include the information from Form 1095-A on their return.
Follow these steps:
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