Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

1095-A

chenschuh
Level 4

Husband worked in the school system, he insured himself and his 2 dependents. Wife purchased insurance through market and only covered herself. Form 8962 part 1 2a; modified AGI is calculated based on both of their income combined together. Resulted in having to return big chunk of advanced PTC repayment. Is that make sense?

0 Cheers
1 Comment 1
Just-Lisa-Now-
Level 15
Level 15

Happens all the time.  She must not have given them the total household income when she applied, or they wouldnt have given her such a large discount that now needs to be paidback.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪