LouiseLeach
Level 1
03-25-2022
12:53 PM
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Problem: Penalty on CA 540 line 92 for tax year 2021.
Solution: Input Return tab to Credits to Premium Tax Credit (1095A, 8962) to CA Premium Assistance Subsidy/Penalty. There is a box labeled "Minimum Essential Coverage Not Indicated Elsewhere" enter 1 which indicates that entire household covered for entire year.
Result: Penalty amount should no longer be on CA Form 540 line 92 and the box is checked.