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June 6, 2019
Question

Why does my TurboTax say my Federal refund is now zero dollars after I entered in my 1095-A form?

  • June 6, 2019
  • 1 reply
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1 reply

Employee
June 6, 2019

If you received the Premium Tax Credit as a monthly advance (APTC) to reduce your healthcare premiums, the credit amount was an estimate. It was based on your 2016 estimated income.

If your income for 2016 was more than you estimated, you may have to pay back some of the credit and this is the reason why your refund went down when you entered your 1095-A

 

https://ttlc.intuit.com/replies/5824742

https://ttlc.intuit.com/replies/4264777

June 6, 2019
Can you please check that I will still be receiving my federal refund of $908 after this amendment? Not sure why the new screen says my federal refund is zero.