Vivinavi : Los Angeles : (United States) Los Angeles

• tax man
• 2021/02/16 (Tue) 18:21
• Report

＞ However, this person is receiving a 1095-A under Obamacare.
＞ Do I need a Form 8962 in this case ？

Only one member of your family is on Obamacare in 2019 and I made a mistake in processing
for that and did not enter it and the IRS sent this 8962 and
I was told to file a return and I did. So if I
file a return, I will have to create this form.
The problem is that I am afraid that if I file my income tax return, I will not be able to get Obamacare if I find out
that my income is below the Obamacare minimum.

• Tax Return
• mail
• 2021/02/16 (Tue) 19:27
• Report

Dear tax man,
I am learning a lot. Thank you.

＞ Only one of my client's family members was on Obamacare in 2019, and I made a mistake and did not enter
processing for it, and the IRS sent me this 8962 and told me to
file a return and I did.

I have the exact same case. I did this person's FY19 Tax Return on his behalf, but he was totally unaware of the 8962 and the IRS recently contacted me to send him a copy of the 8962 and 1095-A. I am not sure if this is the reason or not, but this person has not yet received the FY19 Return nor the Stimulus Check, and I feel responsible.

In the end, this person was able to get HRB to prepare the 8962 for FY19, but if it is not too much trouble, would it be possible to show us how to prepare the 8962 for future use ？

＞ If we file an income return, we will be able to I'm worried that if I file my income tax return and it shows that my income is below the Obamacare minimum
I may not be able to get Obamacare.

I will tell them that.

• 昭和のおとっつぁん
• 2021/02/16 (Tue) 19:49
• Report

It would be safer to do it through an accounting firm.
If you do it yourself and problems arise, you have to take responsibility yourself
but if you have it done by an accounting firm and problems arise, you can go to the accounting firm
and they will take responsibility.

• tax man
• 2021/02/16 (Tue) 22:07
• Report

＞ Is it possible for you to teach us how to prepare the 8962 for future use ？

Here is a considerable amount of detail regarding how to prepare it.
Furthermore, please note
the following, as 8962 is a part of the tax return and cannot be
understood on its own.

1 ） If your income is below a certain level, you do not have to file a return.
2 ） However, if you receive government assistance such as Obamacare, there are certain
screening criteria and your income must be a certain amount
3 ） Furthermore, the meaning of the 8962 form is that if your income exceeds a certain amount set by the government, Obamacare
If you apply for and your income is above or
below that threshold on your income tax return, your health insurance may be denied.

Therefore, there is no problem to help you with your tax return, but
even if you get a Stimulus Check for 2020,
it would be meaningless if Obamacare is rejected because of it.

If you would be willing to create a form 8962 and show
it to the person and explain it to them to help them decide what to do, we would be happy to help.
In addition, I don't think any more questions on the site will
help with this, so if you need more information, please
email me directly. We have received a couple of direct emails today
so please contact us.

taxman215@yahoo.com

• 自己責任
• 2021/02/16 (Tue) 22:26
• Report

There is no way I would give out my personal information via the Internet to someone I don't know where they are.