Join Early Retirement Today
Reply
 
Thread Tools Display Modes
How to file 2 1095-A forms on one tax return
Old 02-06-2016, 08:53 AM   #1
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Posts: 3,679
How to file 2 1095-A forms on one tax return

Two issues here, the first one was that we never got our 1095As for 2015. MFJ but got 2 separate policies and equally split the subsidy. After many calls to HealthCare.gov, I still don't have the forms but I did get all the info I need to fill out the 8962.

But when I put the two 1095A amounts into the tax software it does not transfer to the 8962 correctly. Our 1095A amounts are identical and I thought the software would just add these together. Instead the totals are correct except for the Annual SLCSP which is half what it should be, equal to just one of us. This error changes our nice refund to owing....a lot.

I've tried this in 2 tax software programs and got the same results. In the H&R Block software I got this message -

Because multiple 1095-A's from the same provider for the same months isn't supported in our online program, you'll need to upgrade to Best of Both. Continue your return online today, then work with a tax professional to complete this form and find any deductions you might have missed.

So I'm looking for an answer on how to correctly get the info from two 1095A forms to translate correctly to the 8962.

I know there is probably someone here who has dealt with this.

I've always used a nice free online tax program that has worked for what I needed. I am willing to pay for an upgraded tax program if that's what is necessary, I just need to know which one can handle this. I used to work for H&R Block (pre ACA) so I know that they can get expensive very fast, every time you add a form. I like doing taxes myself. Is this an issue that needs a better tax program?

Would it be ok to just total our two 1095A amounts and enter it as one 1095A? Would that get rejected by the IRS?
__________________
Married, both 69. DH retired June, 2010. I have a pleasant little part time job.
Sue J is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-06-2016, 09:08 AM   #2
Thinks s/he gets paid by the post
 
Join Date: Aug 2014
Location: Red Rock Country
Posts: 1,915
There are probably several approaches you could take. You could try other software e.g. TaxAct that allows you to run through it without paying until you file. Or alternately you could use the override feature in HR Block to make the appropriate inputs. Although I'm not sure if the online versions allow that. If you do an override, you might be best to file on paper and include an explanation of what you did.
Ian S is offline   Reply With Quote
Old 02-06-2016, 09:41 AM   #3
Recycles dryer sheets
Theseus's Avatar
 
Join Date: Aug 2013
Posts: 484
Had an issue with similar/same problem but was able to work through it in TaxAct (downloaded Premium version). We had 4 1095A's because we had individual policies, and I had updated income estimate late in the year. It took me some trial and error to make it work. Under Federal Q&A data entry, Health insurance, 1095A - A question is asked "Health insurance - PTC - Multiple 1095-As If you changed plans during 2015, does this Form 1095-A only report different coverage months than your previously entered 1095-A(s)?", to which I answered "Yes" - but the caveat is I had to only answer affirmatively when entering specific 1095A's and then make sure they matched up to the correct corresponding 1095A. I was in fact surprised I got it to work - and I'm sure there are variations in how each software vendor approached this, and most likely variations between software versions too.

What would be important to the calculations being correct is that Form 8962 has the correct values. One should not have to override values to force Form 8962, but it might be a last resort--which of course requires being absolutely certain as to being correct about it--and quite possibly will disallow e-filing depending on the software configuration. Bottom line is if the software allows multiple 1095A's it is still tricky when combining them
Theseus is offline   Reply With Quote
Old 02-06-2016, 10:10 AM   #4
Dryer sheet aficionado
 
Join Date: Sep 2013
Posts: 28
We had 3 1095s last year and the downloaded TaxAct handled it just fine.
timmar is offline   Reply With Quote
Old 02-06-2016, 10:18 AM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,266
What if you just input one 1095A but with the aggregate amounts from the two forms that you received?

Also, when you put in the 1095A does each form have a different recipient when you input it?
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.

Retired Jan 2012 at age 56
pb4uski is offline   Reply With Quote
Old 02-06-2016, 10:32 AM   #6
Moderator
rodi's Avatar
 
Join Date: Apr 2012
Location: San Diego
Posts: 14,171
Turbotax handled 2 1095A's just fine.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
rodi is offline   Reply With Quote
Old 02-06-2016, 10:34 AM   #7
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Posts: 3,679
Quote:
Originally Posted by timmar View Post
We had 3 1095s last year and the downloaded TaxAct handled it just fine.
Good to know. I'll look into that one.

Quote:
Originally Posted by pb4uski View Post
What if you just input one 1095A but with the aggregate amounts from the two forms that you received?

Also, when you put in the 1095A does each form have a different recipient when you input it?
Yes, our two 1095As have different recipients, one for DH and one for me, with 2 different Marketplace assigned policy numbers. All the other info is the same.

I was thinking that just combining the amounts and treating it as one 1095A solves the amount issue at my end. But, does the IRS match each one individually and my return will get rejected?
__________________
Married, both 69. DH retired June, 2010. I have a pleasant little part time job.
Sue J is offline   Reply With Quote
Old 02-06-2016, 11:06 AM   #8
Recycles dryer sheets
 
Join Date: Oct 2013
Posts: 204
Quote:
Originally Posted by rodi View Post
Turbotax handled 2 1095A's just fine.
In fact, TT handled six 1095a's just fine for us. We only really had 2 policies but because the marketplace hosed us, we ended up with what looks like 6. It all came out in the wash, apart from having to pay increased premiums for the month of May and SWMBO getting her cost sharing limits messed up.
__________________
.................................
A life without beer is not worth living
Nunthewiser is offline   Reply With Quote
Old 02-06-2016, 11:43 AM   #9
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Posts: 3,679
Grrrr, I just filled out all the info for TaxAct and it did the same thing as H&R Block and my original tax software.

The only way I can get it to come out right is if I say I'm allocating the subsidy among people in other tax families, which is not the case. Instead our subsidy is divided among 2 taxpayers filing MFJ.

I'll have to try TurboTax.

I'm thinking of just filing paper forms and waiting for the refund.

When you file using tax software, I know the 8962 is transmitted. Are the 1095As also transmitted?
__________________
Married, both 69. DH retired June, 2010. I have a pleasant little part time job.
Sue J is offline   Reply With Quote
Old 02-06-2016, 12:37 PM   #10
Recycles dryer sheets
 
Join Date: Oct 2013
Posts: 204
^^ No. SO, IMO, if you can get the correct numbers in the buckets on the 8962 it doesn't matter.
__________________
.................................
A life without beer is not worth living
Nunthewiser is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Visa holder using 401k, what forms need to be added to tax return? jIMOh FIRE and Money 4 10-26-2015 10:10 PM
No 1095-A from Federal Marketplace? NoMoreJob Health and Early Retirement 30 04-18-2015 01:03 AM
File and Suspend versus File and Restrict Chuckanut FIRE and Money 12 10-18-2014 07:19 AM
None of you file a tax return?!? BUM FIRE and Money 21 05-12-2008 10:12 PM
Can I cotribute to my Roth after I file tax Return blazerjeremy Young Dreamers 16 02-07-2006 04:34 AM

» Quick Links

 
All times are GMT -6. The time now is 02:25 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.