We are using ACA since 2019 receiving Premium Tax Credit (PTC) and using TurboTax to report Form 1095-A numbers on federal return.
I have just noticed that in some years TurboTax generating Form 8962 showing monthly calculation, and some years it shows annual calculation only.
I can't seem to alter TurboTax question/answer to show the other method, so wonder what is the trigger? IRS seems to accept either, as long as the Total Annual Tax Credit number matches, I guess.
I have just noticed that in some years TurboTax generating Form 8962 showing monthly calculation, and some years it shows annual calculation only.
I can't seem to alter TurboTax question/answer to show the other method, so wonder what is the trigger? IRS seems to accept either, as long as the Total Annual Tax Credit number matches, I guess.