2564396
My Form 8962 line 5 is 401%. Line 29 Excess Advance Premium Tax Credit Repayment is $3,500 with Line 28 Repayment Limitation blank.
However Schedule 1 Line 17 incorrectly calculates the Self-employed Health Insurance Deduction as though the Form 8962 line 28 Repayment Limitation is $1,350 (single) even though it is blank since line 5 is 401%. Any idea when TT will fix this? Other posts describe same problem.
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Just to clarify, we would like to take a deeper look at this entry for repayment of excess Advanced Premium Tax Credit on Form 1040, Schedule 1, Line 17. It would help to have a diagnostic file, which is a sanitized copy of your tax return that has all of your personal information removed but has all of the forms and numbers entered. You can send one to us by following the directions below and posting the token number here so we can access the sanitized return.
TurboTax Online:
TurboTax Desktop/Download Versions:
TOKEN 950412
Thanks
Hello Teresa, @TeresaM
The token you requested is 950412
Re: Schedule 1 Line 17 Self-employed Health Insurance Deduction error
Thank you for your assistance
Hello Teresa @TeresaM
A week ago I posted the 950412 token you requested. Is TurboTax aware of this problem? I have not heard anything.
My Form 8962 line 5 is 401%. Line 29 Excess Advance Premium Tax Credit Repayment is $3,500 with Line 28 Repayment Limitation blank.
However Schedule 1 Line 17 incorrectly calculates the Self-employed Health Insurance Deduction as though the Form 8962 line 28 Repayment Limitation is $1,350 (single) even though it is blank since line 5 is 401%. Any idea when TT will fix this? Other posts describe same problem.
I'm having the same problem!
998559
I gave up and did it myself with paper forms. Life is too short to be jerked around by yahoos from TurboTax. They’re supposed to make my life easier, not more difficult. Epic fail!
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