may 5th update of SE Health Insurance with PTC Worksheet amounts keep changing

4 replies
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ReaIly getting confused about the May 5th update about SE Health Insurance and premium Tax Credit. Amount shown of $336 on Line A of Worksheet when I enter the $336 on Line B then Line A switches to $149. when I change to 336 Line B says 149

HELP!

ProSeries Basic

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Just-Lisa-Now-

Intuit Community Champion

Yep, they fixed one thing and screwed up another....I chased it around in a circle until I could get the 2 lines to match as close as possible....sounds like youre stuck with the 336/149 combo, I was able to get them closer on the ones that I have....I dont know what the right answer is for this.

@TaxGuyBill

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

T

TaxGuyBill

Yep, in their infinite stupidity, Intuit 'fixed' a very minor problem by disabling the Iterative calculation, which gives us a much bigger problem.

You can either (a) do the calculation manually to see what the result is for the "alternative" calculation , or (b) claim you are using "another reasonable method" by picking one of those numbers (while you are at it, pick the one that has the best results).

T

TiredFarmer

Level 6

Has anyone heard if they are going to fix again or is it best just to manually go with it?

Just-Lisa-Now-

Intuit Community Champion

I dont think anyone from Intuit has even acknowledged its a problem yet in any of these threads.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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