How to resolve 8962 reject code (F8962-070)
Quick Answer
IRS reject code F8962-070 means your return is missing Form 8962 (Premium Tax Credit). The IRS believes you received Form 1095-A for marketplace health insurance. Fix by going to Health Insurance & Misc, selecting Yes to Exchange Provided Health Insurance, and completing Form 8962.
F8962-070: The e-File database indicates that Form 8962 or a binary attachment with description containing ACA explanation must be present in the return.
Please note this reject code comes directly from the IRS. This article is intended to help you fix the field causing the reject code. Please follow the step by step guide to resubmit your return.
**What does this IRS reject code mean? **
This indicates that the IRS has reason to believe you received Form 1095-A for marketplace healthcare. If you did receive Form 1095-A, you can add this by following the steps below. If you did not receive Form 1095-A, click here.
How to fix the IRS F8962-070 reject code in MyFreeTaxReturn.com
Enter the return, select Health Insurance & Misc
Select “Yes” to Exchange Provided Health Insurance
Complete the Form 8962 Premium Tax Credit that will be generated
**Once it has been updated, you will need to resubmit your filing. **
To resubmit your filing, continue through until you reach a page that says, Congratulations, your return(s) have been filed.
If you do not have Form 8962:
You can obtain a copy from the Marketplace site through which you purchased coverage.
If you believe you are not required to file Form 8962, re-visit the Health Insurance and Miscellaneous Items page (located under your Forms In Return) and complete the ACA Explanation entry, explaining why the Form 8962 is not required in your return.
**Please note: **
If Form 8962 is not generated after answering “Yes” on the Health Insurance and Miscellaneous Items Page, then you can also add it to your return by typing 8962 into the search bar at the top left corner of the page, then click into the Form 8962 Premium Tax Credit option listed. If you did not receive Form 1095-A, you may provide an explanation as to why you are not including Form 1095-A and paper file your federal tax return.
Disclaimer: Please contact the IRS regarding tax return rejections if you are experiencing issues. Our support team takes quality customer support seriously however we can only assist you with issues regarding the tax software.
Related Articles
What to do if you are getting Reject Code: F8962-070
IRS reject code F8962-070 means your return is missing Form 8962 (Premium Tax Credit). The IRS believes you received Form 1095-A for marketplace health insurance. Fix by going to Health Insurance & Misc, selecting Yes to Exchange Provided Health Insurance, and completing Form 8962.
What to do if you are getting Reject Code: IND-031
IRS reject code IND-031 means your Prior Year AGI or IP PIN doesn't match IRS records. Fix by going to the eSignature page and updating the Prior Year AGI or IP PIN. If the correct amount keeps getting rejected, try entering $0 for Prior Year AGI and leaving the PIN blank.
What to do if you are getting Reject Code: IND-452
This means that the IRS records indicate that a return has already been created and submitted with that SSN for the same tax year. If the information is correct and you do not believe a tax return was filed elsewhere, the return will need to be paper filed and we suggest contacting the IRS.