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pjlomita
New Member

I uploaded my Form 1095-A (Affordable Care Act). I noticed that the annual total that Turbotax calculated was $3.41 less than what my 1095 states. Why?

5,899.41 vs. 5,896.00    Probably not an issue but I don't understand why the difference.
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LindaA
Expert Alumni

I uploaded my Form 1095-A (Affordable Care Act). I noticed that the annual total that Turbotax calculated was $3.41 less than what my 1095 states. Why?

The monthly premiums were rounded, resulting in this slight difference.

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3 Replies
LindaA
Expert Alumni

I uploaded my Form 1095-A (Affordable Care Act). I noticed that the annual total that Turbotax calculated was $3.41 less than what my 1095 states. Why?

The monthly premiums were rounded, resulting in this slight difference.

ldylou
New Member

I uploaded my Form 1095-A (Affordable Care Act). I noticed that the annual total that Turbotax calculated was $3.41 less than what my 1095 states. Why?

So if the amount TurboTax calculated is off by $5.00, do I need to override the amount to make the IRS happy?
ldylou
New Member

I uploaded my Form 1095-A (Affordable Care Act). I noticed that the annual total that Turbotax calculated was $3.41 less than what my 1095 states. Why?

Maybe TurboTax should let us put in the totals that we have on the 1095a rather than calculating it by rounding up or down each monthly premium separately and then calculating the total.
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