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

Client got married in August and I cannot get the program to recalculate the 1095A

470pitt
Level 3
 
0 Cheers
1 Best Answer

Accepted Solutions
Just-Lisa-Now-
Level 15
Level 15

Alternative calculation rarely helps much,  if at all. 

Married Separate might make more sense if a large PTC payback is happening filing jointly.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

4 Comments 4
sjrcpa
Level 15

What do you mean by recalculate?

The Alternative Calculation for year of marriage on Form 8962 does not always help the result.

The more I know, the more I don't know.
470pitt
Level 3

How do I get it to calculate correctly

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

Alternative calculation rarely helps much,  if at all. 

Married Separate might make more sense if a large PTC payback is happening filing jointly.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
TaxGuyBill
Level 15

@470pitt wrote:

How do I get it to calculate correctly


 

Why do you think it is calculating incorrectly?  Have you manually calculated and get a different result than the program?

As Lisa said, in many cases the Alternative Calculation does not reduce the repayment.  But it depends on the specific circumstances.