Re: Problem with 1095-A

Attie

I have a client who is getting his insurance thru Marketplace but has no info in box B or Box C. He has high income and pays the amount listed in box A. When I enter his premium amounts in box A, box B turns red and I get a message that there are 11 errors in the program. .If I enter 0.00 in box B then the amounts in box A turn red and I still have 11 errors showing. I'm sure if I try to e-file without this form , the IRS will reject it.

Can I e-file the form with the tax return and request that it be filed with the errors?

Just-Lisa-Now-

YOU or the client has to go to the healthcare.gov website and use the SLCSP tool to find for that column

Health coverage tax tool | HealthCare.gov

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

rbynaker

I'm curious, does the IRS require these if there's no APTC to reconcile?

If income is too high for PTC and no APTC was received, I would try deleting it and filing without it. If you get the 8962-xxx reject, would putting $1 in the SLCSP boxes get rid of the errors? If there's no PTC anyway, we're just trying to get through our day...

TaxGuyBill

@rbynaker wrote:

If income is too high for PTC

For 2021-2025 there isn't a 400% cap, so unfortunately it isn't particularly easy to tell if the income is too high until you get the SLCSP.

If there is no Advance credit, I THINK the e-file won't reject (at least it didn't used to). But who knows that the IRS is doing now.

Attie

Tried putting $1 in the boxes but that didn't work either. I think I will try an file without the form and see what happens.

Thank you for your time.

TaxGuyBill

@Attie wrote:

Tried putting $1 in the boxes but that didn't work either. I think I will try an file without the form and see what happens.

Are you SURE he would not qualify for any Premium Tax Credit? Unless it is crazy-high, you can't determine that until you have at least an idea of what the SLCSP amount would be.

ljr

you can't use that for ny - when you pick ny it says that NY has it's own marketplace and you can get there from a link but it is not an easy site to use for the lookup

HL

if they have a 1095a and you do not enclose, it will reject the return...I usually put .01(penny) in second column and it works

TaxGuyBill

@HL wrote:

.I usually put .01(penny) in second column and it works

Unless you are 100% certain they don't qualify for the Premium Tax Credit, why would you do that? You need to look up the SLCSP to check if they qualify for the credit, rather than just randomly denying the credit.

Debst99

The .01 worked. Now after they sign for electronic filing, I hope it is accepted. Thank you so much for your help!!

HL

I do agree, but they said they were a high earner, so the assumption was made they are not eligible for the credit which was not calculated when they signed up for the insurance based on their income. have a great season