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New Member
posted Jun 7, 2019 5:26:55 PM

Tax Year Prior to 2020: Can turbo tax complete a form 8962 for me?

1 96 39038
24 Replies
Intuit Alumni
Jun 7, 2019 5:26:57 PM

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:

  1. In the Search box at the top right of your screen, type 1095-a and click the magnifying glass.
  2. In the search results, you will see Jump to 1095-a.  Click this link--it will take you to the entry screen for the form.

 

 

[Edited | 3/9/2020 1:50pm PDT]

 

New Member
Jun 7, 2019 5:26:58 PM

This doesn't work

New Member
Jun 7, 2019 5:27:00 PM

This doesn't work and Intuit doesn't respond to correct things.  Worst customer service!

New Member
Jun 7, 2019 5:27:01 PM

Doesn’t work gives out a completely empty 8962

New Member
Jun 7, 2019 5:27:03 PM

I got asked for the same form & amended my taxes but I cannot find the 8962 form at all other than on the IRS website.

New Member
Jun 7, 2019 5:27:05 PM

this doesn't work.  Need instructions that are relevant.  Not crap you think might work

Level 15
Jun 7, 2019 5:27:08 PM

Will this help?  If you already filed and the IRS is requesting it

https://ttlc.intuit.com/replies/6765257

New Member
Jun 7, 2019 5:27:09 PM

No since the Form 8962 isn't showing up in the PDF from the Print Center...

New Member
Feb 18, 2020 1:12:37 PM

So how would I go about having turbotax complete the 8962 form

Expert Alumni
Feb 18, 2020 1:19:55 PM

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.

  1.  Log into your return
  1. Select that you want to add a state - this lets you into the program without the amend process starting.
  2. In the top right corner, locate the Magnifying glass/search  
  3. enter the exact words 1095a
  4. Select the first entry Jump to 1095a
  5. Fill in the 1095a information
  1. Print and mail the 8962

The IRS may adjust your refund once they receive your form 8962. 

New Member
Feb 18, 2020 3:56:31 PM

I followed the instructions like you listed but can't seem to figure out how to print the 8962 form completed. 

Expert Alumni
Feb 18, 2020 4:13:15 PM

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:

  • Down the left side of the screen, click on Tax Tools.
  • Click on Print Center.
  • Click on Print, save or preview this year's return.

 

Level 2
Feb 19, 2020 7:54:55 AM

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 

Expert Alumni
Feb 19, 2020 7:39:09 PM

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:

  • Click on Deductions & Credits under Federal
  • Under the menu for Medical, click Start/Revisit next to Affordable Care Act (Form 1095-A)
  • Answer Yes indicating that you have the form to enter
  • Complete the information on the next screen to match your form and click continue

Level 2
Feb 20, 2020 2:07:46 PM

I filed my taxes on 1/20/20 Federal . Now the IRS wants a copy of form 8962. How do I fix this

Level 2
Feb 20, 2020 2:10:38 PM

I already filed with Turbo did not do this section and I cannot get my federal return. Help me fix this I did pay you guys

Expert Alumni
Feb 20, 2020 2:26:23 PM

You need to enter form 1095-A on your Tax return and TurboTax will automatically generate form 8962. If you return was rejected, you can reopen it  and add the 1095-A form.

To reopen your return:

  1. Log in to your account.
  2. Scroll down and Click Add a state( you won't add a state; just to open the return).
  3. Once the return is open go to Federal Taxes.
  4. Go to Deductions and Credits.
  5. Scroll down to Medical and click show more.
  6. Scroll down to Affordable Care Act (Form 1095-A).

If your return is accepted, you need to amend it to make any changes.

Here's how to amend:

  1. Log in in to your account.
  2. Scroll down to Your tax return & documents , select 2019 and then Amend (change) return
  3. Select Amend using TurboTax Online.
  4. Follow the instructions, your refund or tax due will change to 0. This is normal on amended returns.

Amended return can't be e-file, you need to print it and mail it in.

 

On the Tax Home web page when the Form 1040X for amending a 2019 tax return becomes available there will be a link - Amend (change) return. Form 1040X is expected to be available on 02/27/2020.

 

Level 2
Feb 20, 2020 4:05:30 PM

This is really unbelievable , intuit didn't include that form in Turbotax and people who thought everything would be included in the software after spending 90.00 dollars had their return rejected or for some obscure reasons accepted but now have to print and mail things to the IRS.

My return was rejected because 8962 was missing , I have updated the software today and I have no clue if the error was fixed because I revisited the 1095-A section but didn't answer different question than the ones I had before I sent it the first time .

I want to make sure that the error was fixed before E-Filing again , very poor customer service and for the first time in years I am thinking that I will give H&R a try next year . 

Expert Alumni
Feb 20, 2020 4:11:25 PM

The problem has been corrected.  Some people have had to delete their 1095-A and reenter it.

Level 2
Feb 20, 2020 4:31:07 PM

so should I do that , delete all entries in the 1095-A and renter everything like I did the first time ?

Expert Alumni
Feb 20, 2020 4:36:40 PM

Yes, then resubmit.

Level 2
Feb 20, 2020 4:41:19 PM

Thanks for the info , what I don't understand is that form 8962 isn't one we fill out , it is done automatically in the background in Turbotax ?

New Member
Feb 20, 2020 6:00:02 PM

Yes - If your filing was rejected because of the 8982.  Go back into Turbo Tax, delete your 1095-A and then fill it out over again.  It is fixed now.

New Member
Feb 20, 2020 6:01:35 PM

It is fixed - go back into Turbo tax and delete your 1095A then fill it out over again.  They've fixed the glitch.