Information about Form 8962, Premium Tax Credit, including recent updates, related forms and instructions on how to file. Form 8962 is used either (1) to reconcile a Premium Tax Credit advanced …

Multiply the amounts on Form 1095-A by the allocation percentages entered by policy. Add all allocated policy amounts and non-allocated policy amounts from Forms 1095-A, if any, to compute a combined …

Use IRS Form 8962 to find out if you used the right amount of premium tax credit during the year. Use the form to compare the advance amount you use to the amount you qualify for based on your final …

Jan 21, 2022 · The form will have all the information you need to file IRS Form 8962, Premium Tax Credit (PTC), including the amount of any advance payments of the premium tax credit that were …

Filing Form 8962 correctly is essential for individuals who received advance payments of the premium tax credit or want to claim the credit on their tax returns. By following these step-by-step instructions, …

Jun 5, 2025 · Who Needs to File Form 8962 and Why? If you—or anyone in your household—received a premium tax credit to help pay for a Marketplace insurance plan, you’ll need to file Form 8962 with …

The net premium tax credit a taxpayer can claim (the excess of the taxpayer’s premium tax credit over APTC) will appear on Form 1040, Schedule 3. This amount will increase taxpayer’s refund or reduce …

Instructions for Form 8962 Premium Tax Credit (PTC) Section references are to the Internal Revenue Code unless otherwise noted.

Sep 29, 2025 · What is Form 8962? If you received an advanced premium tax credit (APTC) through the Marketplace last year, you must file a Form 8962 with your federal income tax return in order to...

Dec 10, 2025 · IRS Form 8962 is used to reconcile the tax credit you are entitled to with any advance credit payments (or subsidies) for the tax year. The size of your tax credit depends on the cost of …