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With Form 8962, you are reconciling 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 ...
If you've already filed your tax return and realize you should have filed a Form 8962, wait for a letter from the IRS, Kan advises. Follow the instructions in the letter.
Tax credit users are supposed to use Form 8962 to tell the IRS what kind of coverage they actually had. APTC users should use the form to determine whether they received too much APTC help, and ...
However, if you are eligible for a subsidy or tax credit, you need to transfer that information to Form 8962 and include it with your tax return. You don't need to send form 1095-A in this ...
The purpose of Form 8962 is to allow filers to calculate their Premium Tax Credit (PTC) amount with their federal income tax return. With that amount, they’re then able to reconcile that amount ...
And if you’re required to file Form 8962 you can’t use Form 1040-PR, or Form 1040-SS. (If you’re filing an amended return for a previous year, note that prior to 2018, you could not file ...