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With 1095-A refund went WAY up and then HALF WAY down when I restarted
After I entered my 1095-A my refund went way up. I understood why - my actual income was a lot less than my expected income (as reported to Obamacare), so I get money back (premium tax credits). But then the next day I restarted TurboTax, and now the refund, although still very large, is very much lower.
I was actually ALARMED by the first amount, because it seemed ridiculous. The second amount seems more reasonable - I looked at the 8962 that TurboTax filled in and the numbers seemed "reasonable". (I didn't look at the 8962 the first time).
I may just go with the second amount, as being what TurboTax calculated when "thinking it through again" after it restarts.
Any other suggestions?
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With 1095-A refund went WAY up and then HALF WAY down when I restarted
That is because TurboTax sometimes has to wait several pages or even data entry in another section before updating to the correct amount.
I don't have enough information to conclude which amount is correct, but it is smart of you to do a "reality check", because sometimes the intermediate refund or tax due just won't be correct until you finish some section or close and reopen.
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With 1095-A refund went WAY up and then HALF WAY down when I restarted
That is because TurboTax sometimes has to wait several pages or even data entry in another section before updating to the correct amount.
I don't have enough information to conclude which amount is correct, but it is smart of you to do a "reality check", because sometimes the intermediate refund or tax due just won't be correct until you finish some section or close and reopen.
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