Find out how to fill out Premium Tax Credit Form 8962, the form for reporting ObamaCare Tax Credits. We'll review MAGI, FPL, and Adjusting credits.
If you use more of your premium tax credit than your final taxable income allows, you'll need to repay the difference when filing yourForm 1040at tax time. But if you use less of the premium tax credit during the year than you qualified for, you'll receive the difference as a refundabl...
Yes, you can still receive this refundable credit if you meet the eligibility requirements. You must file both a Form 1040 and a Form 8962.6You can claim the credit and receive a refund of any shortfall in the amount of advance premium tax credited against your premiums for coverage on a p...
If you did not e-file your return with the Form 8962 for thePremium Tax Credit, the IRS will reject your return asking for this information. If you have already e-filed your return on eFile.com, you can simply return to your account, add the information from your 1095-A, and re-file...
form 8962 when applying for the premium tax credit in 2020 since the MLR rebate was used to reduce one month’s premium for 2020? I received no check. The insurance company took it off the premium invoice. Reply Harry Sit says February 16, 2021 at 1:42 pm No. Reducing the premium ...