Form 1095 A and 8962

Forum|Forum|4 years ago
February 11, 2022
1 reply
0 views

Is anybody having troubles with 1095A info matching to Form 8962?

I put in the 1095 with the pennies and the 8962 computes one set of numbers.

I use whole dollars for each month and round up DEC to get the 1095 to match the numbers to the 1095 the client provided and another set of numbers computes on the 8962

The difference is only slight but these amounts must match perfectly

Has anybody else had this issue?

What is the best practice when entering the 1095A?

ProSeries Professional

This topic has been closed for replies.

Just-Lisa-Now-

Intuit Community Champion

Years ago PS wouldnt recognize the change we put on the end, we had to round and maybe adjust the last few to match the total for each column.

The last couple of years tough, they will let us add the change, so I do. I havent had any issues that Ive noticed...do your column totals match the column totals on the 1095A?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

P

Perry 12Author

Level 2

yes they do on the 1095A but they are off by a couple dollars on the 8962.

I can remove the pennies and round up in Dec to get to match and then they match

It seems as though if the 1095A is entered exact it should work...but like I said due to rounding the 8962 is off on line 24 and 25 by just a couple dollars.

Just-Lisa-Now-

Intuit Community Champion

@TaxGuyBill whats your take on this?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Sign up

Login with SSO

Let's get you signed in

Login with SSO

Scanning file for viruses.

This file cannot be downloaded