IRS Reject F8962-043 must be paper-filed, won't be fixed in near future

[jklcpa]

 

I just got this in my email:

 

IRS Reject F8962-043

The IRS recently confirmed a processing issue regarding reject F8962-043 and has indicated that the issue will not be resolved in the near future.

The IRS's recommendation at this time is to paper-file any returns that receive this reject code in order to ensure they are timely filed.

Reject F8962-043 states:

“Form 8962, Line 28 'AdditionalTaxLimitationAmt' must be equal to the tax limitation amount from the Repayment Limitation table (see Form 8962 instructions) based on Line 5 'FederalPovertyLevelPct' and filingstatus 'IndividualReturnFilingStatusCd' on Form 1040 or 1040A.”

 

[Jack from Ohio]

 

I just got this in my email:

 

IRS Reject F8962-043

The IRS recently confirmed a processing issue regarding reject F8962-043 and has indicated that the issue will not be resolved in the near future.

The IRS's recommendation at this time is to paper-file any returns that receive this reject code in order to ensure they are timely filed.

Reject F8962-043 states:

“Form 8962, Line 28 'AdditionalTaxLimitationAmt' must be equal to the tax limitation amount from the Repayment Limitation table (see Form 8962 instructions) based on Line 5 'FederalPovertyLevelPct' and filingstatus 'IndividualReturnFilingStatusCd' on Form 1040 or 1040A.”

 

The IRS posted this same information about a month ago.  It was also in the ATX blog.