I prepared a tax return that includes a Form 1095-A & Form 8962. The return shows that client was to receive a Premium Tax credit and that credit amount was part of the amount of Federal refund due the client as indicated on the Tax return summary sheet. I run a final review for errors. An error popped up asking me to check the box showing that the client is a dependent or not a dependent of someone else. The client is not a dependent of anyone one. Soon as I checked that box the refund suddenly changed to a different amount lower than the original amount. Fortunately, I did not submit the return before detecting that change. I tried all I could but could not find a solution to explain why the program was behaving in that manner. I need immediate help. Thank you.
It does not calculate if they have to pay back any of the Premium Tax Credit until you click that box.
The amount of their subsidy / payback changed once they knew she / he was not a dependent.
Dusty
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