Instructions for IRS Form 8962 Premium Tax Credit (Ptc)

Notification Icon This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for IRS Form 8962 for the current year.

Instructions for IRS Form 8962 Premium Tax Credit (Ptc)

This document contains official instructions for IRS Form 8962 , Premium Tax Credit (Ptc) - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury.

FAQ

Q: What is IRS Form 8962?
A: IRS Form 8962 is used to claim and reconcile the Premium Tax Credit (PTC).

Q: What is the Premium Tax Credit (PTC)?
A: The Premium Tax Credit (PTC) is a tax credit that helps eligible individuals and families with low to moderate income pay for their health insurance premiums.

Q: Who can claim the Premium Tax Credit?
A: Individuals and families who purchased health insurance through the Health Insurance Marketplace and meet certain income requirements may be eligible for the Premium Tax Credit.

Q: What information is required to complete Form 8962?
A: To complete Form 8962, you will need information about your health insurance coverage, your household income, and any advance payments of the Premium Tax Credit received.

Q: How do I reconcile the Premium Tax Credit?
A: You reconcile the Premium Tax Credit by comparing the advance payments you received with the amount of credit that you are entitled to based on your actual income.

Q: When is the deadline to file Form 8962?
A: Form 8962 is typically filed along with your federal income tax return by the tax filing deadline, which is April 15th.

Q: Can I e-file Form 8962?
A: Yes, you can e-file Form 8962 using tax software or through a professional tax preparer.

Q: What happens if I don't file Form 8962?
A: If you are eligible for the Premium Tax Credit but do not file Form 8962, you may not receive the credit or may have to repay any advance payments received.

Q: Are there any exceptions to the Premium Tax Credit repayment requirement?
A: Yes, there are certain exceptions to the requirement to repay the Premium Tax Credit, such as when your household income is below a certain threshold or if you experienced a significant life event.

ADVERTISEMENT

Instruction Details:

  • This 20-page document is available for download in PDF;
  • Not applicable for the current tax year. Choose a more recent version to file this year's taxes;
  • Complete, printable, and free.

Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of IRS-released tax documents.

Download Instructions for IRS Form 8962 Premium Tax Credit (Ptc)

4.6 of 5 (34 votes)
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc)

    1

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 2

    2

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 3

    3

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 4

    4

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 5

    5

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 6

    6

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 7

    7

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 8

    8

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 9

    9

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 10

    10

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 11

    11

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 12

    12

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 13

    13

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 14

    14

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 15

    15

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 16

    16

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 17

    17

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 18

    18

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 19

    19

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 20

    20

  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 1
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 2
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 3
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 4
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 5
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 6
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 7
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 8
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 9
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 10
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 11
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 12
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 13
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 14
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 15
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 16
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 17
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 18
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 19
  • Instructions for IRS Form 8962 Premium Tax Credit (Ptc), Page 20
Prev 1 2 3 4 5 ... 20 Next
ADVERTISEMENT