Solved: Taxpayer claimed mother as dependent on Form 1040, received notice Form 1095-A and Form 8962. the 1095-A they want her to pay back the entire $12,000. how can we rectify

imantax · ‎12-07-2019

The form 8962 wants her to pay back $12,000. the IRS notice states do not do an amended. I want to amend and remove elderly parent and change filing bracket. what can we do, i have 8 days left.

TaxGuyBill · ‎12-07-2019

I would:

Amend the tax return to remove the dependent elderly mother.
Respond to the IRS notice telling them the dependent is being removed on an amended return (you may even include a copy of the soon-to-be-amended tax return with the response to the notice).
File elderly parent's tax return. She will still be disqualified from the Premium Tax Credit (because she qualifies to be a dependent), but the repayment will be much lower.

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Just-Lisa-Now- · ‎12-07-2019

Who has coverage on the 1095A? The taxpayer or the mother?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

imantax · ‎12-07-2019

THE MOTHER, AGE 78

imantax · ‎12-07-2019

single taxpayer HOH to claim mom, mom has 1095-A

Just-Lisa-Now- · ‎12-07-2019

that clarifies it, thank you...follow the advice shown below.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

TaxGuyBill · ‎12-07-2019

I would:

Amend the tax return to remove the dependent elderly mother.
Respond to the IRS notice telling them the dependent is being removed on an amended return (you may even include a copy of the soon-to-be-amended tax return with the response to the notice).
File elderly parent's tax return. She will still be disqualified from the Premium Tax Credit (because she qualifies to be a dependent), but the repayment will be much lower.

Just-Lisa-Now- · ‎12-07-2019

this is assuming its the mom with the 1095A, not the taxpayer that just forgot to enter their 1095A, right?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

TaxGuyBill · ‎12-07-2019

Yes. But if the taxpayer forgot to enter their own 1095-A, removing the elderly parent won't affect anything (other than increasing their tax), so it seems unlikely that is what the OP is talking about.

Taxpayer claimed mother as dependent on Form 1040, received notice Form 1095-A and Form 8962. the 1095-A they want her to pay back the entire $12,000. how can we rectify

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