Get Form 8962, Premium Tax Credit (PTC) - IRS.gov

Print Form 8962 (PDF, 110 KB) and instructions (PDF, 348 KB). Use the information from your 1095-A form to complete Part II of Form 8962.

TurboTax will automatically fill out Form 8962 once you enter your Form 1095-A. You have to include Form 8962 with your tax return if: You qualified for the Premium Tax Credit in 2023.

To claim a net PTC, you must file a Form 8962 and attach it to your federal income tax return for the year. Claiming a net PTC will lower the amount of tax you owe or increase your refund to the extent it is more than the amount of tax you owe.

How to move advance payment of premium tax credit info to Form 8962 Complete all sections of Form 8962. On Line 26, you'll find out if you used more or less premium tax credit than you qualify for based on your final 2022 income. ... Include your completed Form 8962 with your 2022 federal tax return.

In general, it is very important to file your federal tax return with Form 8962 for any year you received an advanced premium tax credit. If you don't file Form 8962, the IRS will call this a failure to reconcile, and you could be prevented from applying for Marketplace premium tax credits in the future.

You need to view the worksheet as a print PDF; if you need help, go to our Printing Your Return and Individual Forms FAQ. You need to view the worksheet in Forms View; if you need help, go to our Entering in Program - Fillable Forms FAQ. Click Form 8962 to view the print PDF or to view it in forms view.

Premium tax credit (PTC). The credit provides financial assistance to pay the premiums for the qualified health plan offered through a Marketplace by reducing the amount of tax you owe, giving you a refund, or increasing your refund amount. You must file Form 8962 to compute and take the PTC on your tax return.

Where Do I Get Form 8962? Form 8962 is available on the IRS website and is free to download. If you're filing taxes using electronic tax filing software, this form should be generated for you as you navigate through the program's questionnaire format.