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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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- Anybody else notice the Proseries 2022 tax form 8962 not calculating correctly for incomes over the 400% above poverty line?
Anybody else notice the Proseries 2022 tax form 8962 not calculating correctly for incomes over the 400% above poverty line?
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BecPer
Level 1
12-02-2022
08:22 AM
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The health care subsidy cliff was eliminated through 2025. As soon as modified adjusted income goes over the 400% of poverty line the software indicates all the premium credit has to be paid back.
This is not correct.
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Just-Lisa-Now-
Level 15
12-02-2022
09:16 AM
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There will be multiple updates needed before the program is full functioning (January sometime)....I really wouldn't rely on it for completely accurate calculations yet.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
