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    Tax year Form 8962

    haffcpa
    Level 2

    Per Cares Act for 2021 taxpayer over 400% of poverty level pays back subsidy in amount that gets them to total of 8.5% of AGI paid for premiums.  In Proseries it calculates it all until it gets to  Part III Line 27 - it is not subtracting line 24 from line 28 and then if no limitations putting it on line 29 as excess advance premium tax credit repayment to go to Schedule 2 - is there something I am missing??

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    1 Comment 1
    qbteachmt
    Level 15

    There is a provision for those who got Unemployment, that limit is capped at 133%. You might want to look up current reference materials.

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