![]() It is used to fill out IRS Form 8962 Premium Tax Credit as part of your federal tax return.ĭid not receive IRS Form 1095-A by mail? Call us.Ģ. Finally, in Part V, you must make alternative calculations for your pre-marriage months.Covered California will send IRS Form 1095-A Health Insurance Marketplace Statement to all enrolled members. The list of situations when this procedure is needed is provided in the official IRS instruction. Next, go to Part IV for Allocation of Policy Amounts (lines 30-33). ![]() The amount of repayment can be limited to the values in Table 5. You have to complete this part to define the size of the extra APTC that you have to repay. The next stage of instructions for 8962 tax form is filling out the 3rd part dedicated to repayment of excess advance payment of the PTC (Premium Tax Credit). From lines 12 to 23, you have to do monthly calculations. ![]() Next, provide the results of the Alternative Calculation for Year of Marriage Eligibility and fill the worksheet. It refers to the Allocation of Policy amounts. When you come to Part II (lines 9 – 29), you have to pay attention to the motes, as in some cases, you’re required to skip to Part IV first. Next, you should figure out how much percents of the federal poverty line your household income is. For that, determine the number of persons in the tax family, including dependent individuals, and enter your modified AGI. ![]() In Part I (lines 1 – 8b), you have to provide annual and monthly contribution amount. Do the same if you are a victim of spousal abandonment or domestic abuse. If you are filing as “married filing separately,” you must check the box above Part I. If you provided ITIN on the return, type it on the premium tax credit Form 8962 as well. Next, enter your Social Security Number, giving priority to the number that appears first on the return if you are married. If the return is joint, provide the first name mentioned on the return. From the following instruction, you will know how to:įirst, you have to type the same name as in the tax return. If you need further assistance, you can contact us for additional help. Using the instructions for 8962 tax form, created by experts, you will fill it without mistakes. Now that you know what is the IRS form 8962, you should learn how to fill it.
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