Randall Posted March 12 Report Share Posted March 12 Client went on Medicare during the year. Both he and spouse were on the market place for health insurance. Wife remained on market place for the whole year. They received two Forms 1095-A. One form shows both thru October. The second form shows only one person for the last three months. Do I combine these on one Form 8962 or do I create two Forms 8962? Quote Link to comment Share on other sites More sharing options...
mcb39 Posted March 12 Report Share Posted March 12 The program doesn't allow you to create two. We always just add the two together and let the stone land where it falls. IMO, the 8962 is one of the most difficult forms to understand. At least, they gave us more leeway this year. 7 Quote Link to comment Share on other sites More sharing options...
TexTaxToo Posted March 13 Report Share Posted March 13 You do have to combine the two forms, but you don't necessarily "add" column B. You add the amounts in Columns A and C. Form 8962 has instructions for Column B, which are different if the forms came from different states or the same state. You do add Column B for different states, but for the same state, you may need to recalculate the amount (at https://healthcare.gov/tax-tool if the state doesn't have it's own exchange). 2 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.