Revealed on April 4, 2024
Learn how to “reconcile” your tax credit score
For those who (or anybody in your family) certified for or used the premium tax credit score to decrease your Market plan premium at any level in 2023:
You’ll use your Type 1095-A to fill out IRS Type 8962, Premium Tax Credit score (PDF, 110 KB) to reconcile your 2023 premium tax credit score whenever you file your taxes. Any distinction between the quantity of premium tax credit score you used final 12 months and the premium tax credit score you really qualify for primarily based in your last revenue will have an effect on your refund or taxes you owe.Report any variations in your taxes and embody Type 8962 whenever you file. Get step-by-step instructions on tips on how to reconcile.
