imantax
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12-07-2019
03:39 AM
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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.
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Just-Lisa-Now-
Level 15
12-07-2019
03:39 AM
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Who has coverage on the 1095A? The taxpayer or the mother?
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imantax
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12-07-2019
03:39 AM
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THE MOTHER, AGE 78
imantax
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12-07-2019
03:39 AM
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single taxpayer HOH to claim mom, mom has 1095-A
Just-Lisa-Now-
Level 15
12-07-2019
03:39 AM
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that clarifies it, thank you...follow the advice shown below.
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TaxGuyBill
Level 15
12-07-2019
03:39 AM
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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-
Level 15
12-07-2019
03:39 AM
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this is assuming its the mom with the 1095A, not the taxpayer that just forgot to enter their 1095A, right?
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TaxGuyBill
Level 15
12-07-2019
03:39 AM
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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.