Christian Posted March 25, 2017 Report Posted March 25, 2017 A married couple with a dependent daughter has come in today. He is covered 12 months through his job. His wife and daughter were not covered from January - September and were covered through the federal exchange from October - December. The exchange provided a separate 1095-A for the mother and one for the daughter. Do I merge these two on a single Form 8962 or complete one 8962 for each? I am assuming I can qualify them for an exemption for the earlier nine month period. Likely the one in which they qualified for exchange coverage. I do not have a lot of clients needing me to address issues involving the ACA so any input will be appreciated. Quote
Terry D EA Posted March 26, 2017 Report Posted March 26, 2017 You have to complete form 8962 for each tax payer. I think the IRS would frown on lumping them onto one form. Quote
Christian Posted March 29, 2017 Author Report Posted March 29, 2017 I was finally able to get this sorted with assistance from a lady at the Practitioner Priority Service. Happy to say I rarely encounter this ACA stuff. Quote
RitaB Posted March 30, 2017 Report Posted March 30, 2017 On 3/25/2017 at 0:29 PM, Christian said: I am assuming I can qualify them for an exemption for the earlier nine month period. Likely the one in which they qualified for exchange coverage. I am not following you here. There is no exemption for qualifying for exchange coverage and not buying it or signing up to have other taxpayers buy it for you. I will admit I am pretty worn out and I have called it Affordable Care Act hell more than once. 4 Quote
Christian Posted March 30, 2017 Author Report Posted March 30, 2017 Rita on the ATX 8965 under exemptions there is G1 or G2 or G3 which list that one. I may have not clearly understood it but I used exemption A for their months of no coverage. On page 13 of the instructions for the form it stated how to deal with it. The wording is not crystal clear and I had to read it a number of times to get it correct. So what else is new in IRS instructions ? Quote
Christian Posted March 30, 2017 Author Report Posted March 30, 2017 Like Rita it is LATE in the season and my tolerance for having to use time to sort this stuff grows more thin with each passing day. 1 Quote
RitaB Posted March 30, 2017 Report Posted March 30, 2017 48 minutes ago, Christian said: Like Rita it is LATE in the season and my tolerance for having to use time to sort this stuff grows more thin with each passing day. I totally get that, and I have many clients whose returns are not just check that box on line 61. It has been a royal pain. There are worksheets that are used to determine if coverage is "unaffordable," which is Code A. I'm sure you covered it if you read the directions. 2 Quote
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.