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Why did the Form 1095-C not update after I recalculated the ACA Timeline?
The ACA Timeline is used to populate the Form 1095-C, but it is also independent of the Form.
Recalculating the ACA timeline does not automatically update the Form 1095-C. In order to get the Form updated, it needs to 1st be deleted, 2nd recreated, and 3rd repopulated for you to see the changes from the updated ACA Timeline.