2023 Form 8962 Premium Tax Credit (PTC)-2025

See details

4.1 out of 5

59 votes

Form 8962 is used to calculate the Premium Tax Credit (PTC) for taxpayers who have health insurance coverage through the Health Insurance Marketplace. It requires information on tax family size, modified adjusted gross income (AGI), and federal poverty line percentages to determine eligibility and the amount of credit. The form includes sections for annual and monthly calculations, reconciliation of advance payments, allocation of policy amounts, and alternative calculations for married couples.

Here's how it works

01. Edit your form 8962 2023 online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send form 8962 via email, link, or fax. You can also download it, export it or print it out.

The fastest way to redact 2023 Form 8962 Premium Tax Credit (PTC) online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is the best editor for updating your paperwork online. Adhere to this simple guideline redact 2023 Form 8962 Premium Tax Credit (PTC) in PDF format online free of charge:

Register and sign in. Register for a free account, set a strong password, and proceed with email verification to start working on your templates.
Add a document. Click on New Document and choose the form importing option: upload 2023 Form 8962 Premium Tax Credit (PTC) from your device, the cloud, or a secure link.
Make changes to the sample. Use the upper and left-side panel tools to modify 2023 Form 8962 Premium Tax Credit (PTC). Insert and customize text, images, and fillable areas, whiteout unneeded details, highlight the important ones, and provide comments on your updates.
Get your documentation completed. Send the form to other parties via email, generate a link for quicker file sharing, export the sample to the cloud, or save it on your device in the current version or with Audit Trail included.

Discover all the benefits of our editor right now!

See more 2023 Form 8962 Premium Tax Credit (PTC) versions

We've got more versions of the 2023 Form 8962 Premium Tax Credit (PTC) form. Select the right 2023 Form 8962 Premium Tax Credit (PTC) version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.1 Satisfied (59 Votes)
2022	4.3 Satisfied (49 Votes)
2021	4.8 Satisfied (181 Votes)
2020	4.2 Satisfied (59 Votes)
2019	4.4 Satisfied (243 Votes)
2018	4.3 Satisfied (157 Votes)
2017	4.3 Satisfied (140 Votes)
2016	4.4 Satisfied (107 Votes)
2015	4.1 Satisfied (46 Votes)
2014	4 Satisfied (29 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Do I have to pay back the premium tax credit in 2023?

Yes. For tax years other than 2020, if you have APTC in any amount, you must file a Form 8962, and attach it to your federal income tax return for that year. You will use Form 8962 to reconcile the difference between the APTC made on your behalf and the actual amount of the credit that you may claim on your return.

How to get form 8962 premium tax credit?

Where Do I Get Form 8962? Form 8962 is available on the IRS website and is free to download. If youre filing taxes using electronic tax filing software, this form should be generated for you as you navigate through the programs questionnaire format.

Why is the IRS asking me for form 8962?

You must file Form 8962 to compute and take the PTC on your tax return. Advance payment of the premium tax credit (APTC). APTC is a payment during the year to your insurance provider that pays for part or all of the premiums for a qualified health plan covering you or an individual in your tax family.

What is PTC on form 8962?

Use Form 8962 to: Figure the amount of your Premium Tax Credit (PTC).

What is the premium tax credit PTC 2023?

For tax years 2023 through 2025, taxpayers with household income that exceeds 400% of the federal poverty line for their family size may be allowed a PTC. Health Coverage Tax Credit (HCTC). The HCTC expired on December 31, 2021.

2023 form 8962

2023 form 8962 premium tax credit ptc printable 2023 form 8962 premium tax credit ptc pdf 2023 form 8962 premium tax credit ptc instructions Form 8962 instructions 2023 form 8962 premium tax credit ptc download Form 8962 2023 Form 8962 TurboTax form 1095-a

Related forms

be ready to get more

Complete this form in 5 minutes or less

Get form

Does TurboTax automatically fill out form 8962?

TurboTax will automatically fill out Form 8962 once you enter your Form 1095-A. You have to include Form 8962 with your tax return if: You qualified for the Premium Tax Credit in 2023. You or someone on your tax return received advance payments of the Premium Tax Credit.

What happens if I dont file form 8962?

If you received an APTC and dont file Form 8962, you could be ineligible for Marketplace APTCs in the future. Beginning in plan year 2025, Marketplaces must give enrollees advance notice that they are at risk of losing their APTCs after one year of failing to reconcile.

Can I print out form 8962?

Click Form 8962 to view the print PDF or to view it in forms view. Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed.

2023 Form 8962 Premium Tax Credit (PTC)-2025

Here's how it works

The fastest way to redact 2023 Form 8962 Premium Tax Credit (PTC) online

See more 2023 Form 8962 Premium Tax Credit (PTC) versions

Complete this form in 5 minutes or less

Got questions?

Do I have to pay back the premium tax credit in 2023?

How to get form 8962 premium tax credit?

Why is the IRS asking me for form 8962?

What is PTC on form 8962?

What is the premium tax credit PTC 2023?

Complete this form in 5 minutes or less

People also ask

Does TurboTax automatically fill out form 8962?

What happens if I dont file form 8962?

Can I print out form 8962?

8962 form 2023

Try more PDF tools