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February 10, 2021
Question

I calculated form 8962 manually and the excess advance premium amount due is much less than Turbo tax calculated. Is there a glitch?

  • February 10, 2021
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1 reply

February 10, 2021

There are no known issues with Form 8962.  You may be seeing a limitation of the amount.

Please see Line 28 and Table 5, Repayment Limitation in the IRS's Instructions for Form 8962 for more information.

[Edited 2/10/2021 | 8:42 PST]