How to use Form 1095-A to complete Form 8962, Premium Tax Credit, on your taxes
Revealed on February 22, 2018
When you had 2017 Market protection, it is best to have already acquired Kind 1095-A within the mail. Be certain that your Kind 1095-A is correct earlier than you file your taxes. You’ll use data from this manner about
to finish Kind 8962, Premium Tax Credit score.
First: Confirm your family and protection data & SLCSP
To verify your SLCSP is right, have a look at Half III, Column B of your 1095-A, titled “Month-to-month second lowest-cost Silver Plan (SLCSP) premium.” The SLCSP premium is wrong if:
- Half III, Column B has a “0” or is clean for any month somebody in your family had the Market plan.
- You had adjustments in your family that you just didn’t inform the Market about — like having a child, shifting, getting married or divorced, or shedding a dependent.
If both applies, use our tax tool to get your SLCP premium.
If something about your protection or family is flawed in your Kind 1095-A, contact the Marketplace Call Center.
Second: “Reconcile” in your taxes
Now that you realize your Kind 1095-A is correct, you’re able to file. When you had a Market plan and used
to decrease your month-to-month cost, you’ll should “” whenever you file your federal taxes.
