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Level 5
March 19, 2026
Question

1095-A

  • March 19, 2026
  • 1 reply
  • 3 views

Husband worked in the school system, he insured himself and his 2 dependents. Wife purchased insurance through market and only covered herself. Form 8962 part 1 2a; modified AGI is calculated based on both of their income combined together. Resulted in having to return big chunk of advanced PTC repayment. Is that make sense?

1 reply

Just-Lisa-Now-
Intuit Community Champion
March 19, 2026

Happens all the time.  She must not have given them the total household income when she applied, or they wouldnt have given her such a large discount that now needs to be paidback.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪