I am getting an e-file critical diagnostic for Form 8962

Forum|Forum|6 years ago
June 29, 2020
1 reply
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I am getting an e-file critical diagnostic for Form 8962 Household income on line 3 must equal the total of line 2a, Modified AGI, and 2b dependents' modified AGI, for efile purposes. If the total of lines 2a and 2b are negative, zero will print on line 3 and this return will need to be filed as a conventional paper return. ref#42135. My client has a loss causing the line 3 to go negative and will not balance because the form does not allow line 3 to be negative. Is there any way around this to be able to still e-file? I hate mailing anything to the IRS because they are so slow.

Thanks,

Mark

Lacerte Tax

This topic has been closed for replies.

IntuitBettyJo

Community Manager

Hi there,

To e-file, it must follow these rules.

1. Line 3 MUST equal the total of lines 2a and 2b.
2. If the sum of lines 2a and 2b are a negative then Line 3 MUST entered as Zero.

So IF the sum of lines 2a and 2b are a negative then Line 3 must entered as Zero and with that it breaks Rule 1 so it cannot be e-filed

This does not mean that a taxpayer with a negative modified AGI cannot claim a Premium Tax Credit, only that the return cannot be electronically filed.

Details can be found in a link within this article: Common questions for the Form 8962 and Premium Tax Credit in Lacerte

Hope this helps!

-Betty Jo

Betty Jo

M

Maxie2U

Level 2

I want to clarify if there is no negative tax credit owed will form 8962 be efiled along with the rest of my tax return?

sjrcpa

Level 15

@Maxie2U If you are a tax professional, start a new question. You tacked onto an old, not related question.

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