Reject Code F8962-070 - Form 8962

Reject Code F8962-070 - Form 8962



This is what we know about this reject as of 1/26/2022 11 AM CST
Please read the whole list below:

We are also hearing a great deal of, “My taxpayer swears they did not have marketplace insurance”. To answer that, the IRS does think so.

  • Providers have until January 31st to mail the 1095-A to taxpayers, so many have not received theirs yet.
  • The 8962-070 reject is a legitimate reject.
  • It is a new reject this year, to enable the returns to be corrected and not kicked into errors, where they would have delayed funding.
  • This is the IRS’ top reject so far across the country, across all software vendors.
  • If the reject occurs, the IRS has information that the taxpayer, spouse, or a dependent has Marketplace insurance, and/or received an advance payment for marketplace insurance.
  • Disputing this reject with the IRS will cause the return to be processed by hand, which will result in delays.
  • These returns should have the 8962 or a pdf attachment with their ACA calculations.
  • There is also a statement that can be used to dispute the need for an 8962.
  • The IRS has promised further details on the PDF attachment and the statement, when we receive that I will forward it to you.