[imadthegreat]

When completing my return, and filling up my 1040 and form 8962, I got $1093 in Net Premium tax credit from form 8962, line 69 on 1040.

I want to know if I am doing something wrong. I am retired and did not work. I live with my son (he files his own taxes, I file mine). Because of no income, I utilize Advance payments of premium tax credit for my health insurance in the market place. I am grateful that government does that. But now, on Form 8962, line 25 was greater than line 24. So I am getting the difference back. Does that make sense? I am getting money back when I didn't even pay any taxes. Am I making any mistake? Thanks in advance for your answer.

[AtlantaTaxExpert]

Are you using tax software like TurboTax?

[imadthegreat]

No. Doing this by hand.

[AtlantaTaxExpert]

Then the only way I can confirm whether you are doing it write is to actually look at the return.

May I suggest to contact the IRS and ask where the nearest VITA (Voluntary Income Tax Assistance) location is, so you can one of their volunteers look over your return?

[imadthegreat]

Thank you. But is there a possibility that a situation like this can arise where even though I didn't work or paid any taxes but get money back because of a tax credit. I understand what I am asking for is not a professional advice but just a general question, whether something like this is possible.

Thanks

Actually, thanks for your answer. I figured my mistake. It's only $2 coming back. I multiplied by 12 instead of 11 (no health insurance in January).

[AtlantaTaxExpert]

Glad you worked it out!