schirallicpa Posted February 9, 2016 Report Posted February 9, 2016 the 8962 is adding social security income to modified AGI in calculating the annual and monthly contribution amount. However, if i look at the 8965 "household income below filing thresshold" box is checked (box 7a) and that modified AGI does not include social security. I'm confused! Quote
Tax Prep by Deb Posted February 10, 2016 Report Posted February 10, 2016 There is a difference. I messed up on that last year and client got a letter asking us to look it over. Turns out I included the non taxable part of SS to help figure the penalty and wasn't suppose to. It is only required to calculate the credit. 1 Quote
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