Home
Forms Library
Form 8962 instructions

Form 8962 instructions-2025

form 8962 instructions Preview on Page 1

See details

4.2 out of 5

95 votes

The document provides detailed instructions for completing Form 8962, which is used to calculate the Premium Tax Credit (PTC) and reconcile it with any Advance Payment of the Premium Tax Credit (APTC) received for health insurance coverage purchased through a Health Insurance Marketplace in 2020. It outlines eligibility criteria, necessary forms such as Form 1095-A, and specific situations affecting tax families, including changes in circumstances, marriage status, and employer-sponsored coverage. The document also includes guidance on common mistakes to avoid when filling out the form.

Here's how it works

01. Edit your form 8962 instructions 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 8962 instructions via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out form 8962 instructions with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open it in the editor.
Begin by entering your personal information at the top of Form 8962, including your name and Social Security number. Ensure this matches your tax return.
In Part I, report your modified adjusted gross income (MAGI) on Line 2a. Use the provided worksheet to calculate this accurately.
Next, complete Part II by entering the amounts from Form 1095-A into the corresponding lines for enrollment premiums and APTC.
In Part III, calculate any excess APTC you may need to repay. Follow the instructions carefully to avoid mistakes that could delay your refund.
Finally, review all entries for accuracy before submitting. Utilize our platform's features to check for common errors and ensure a smooth filing process.

Start using our platform today for free to simplify filling out Form 8962!

See more form 8962 instructions versions

We've got more versions of the form 8962 instructions form. Select the right form 8962 instructions version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.6 Satisfied (56 Votes)
2022	4.3 Satisfied (48 Votes)
2021	4.8 Satisfied (74 Votes)
2020	4.2 Satisfied (95 Votes)
2019	4.3 Satisfied (158 Votes)
2018	4.2 Satisfied (47 Votes)
2017	4.3 Satisfied (97 Votes)
2016	4.3 Satisfied (82 Votes)
2015	4.4 Satisfied (336 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.

How do I get my form 8962?

You can print or download this form directly from the IRS. The 8962 form guides you through calculating the yearly amount of your premium tax credit.

Who is not required to file form 8962?

If you paid full price and are sure you dont qualify for the premium tax credit. You dont have to fill out or include Form 8962, Premium Tax Credit, when you file your federal taxes.

What is the difference between form 8962 and 1095-A?

Information from Form 1095-A is necessary to complete Form 8962, the Premium Tax Credit form. Form 8962 helps determine if theres any difference between the tax credit amount used and the actual amount you qualify for.

Why is the IRS asking for form 8962?

Premium tax credit (PTC). The credit provides financial assistance to pay the premiums for the qualified health plan offered through a Marketplace by reducing the amount of tax you owe, giving you a refund, or increasing your refund amount. You must file Form 8962 to compute and take the PTC on your tax return.

Is form 8962 the same as 1095-A?

Form 1095-A, Health Insurance Marketplace Statement. You will need Form 1095-A to complete Form 8962. The Marketplace uses Form 1095-A to report certain information to the IRS about individuals who enrolled in a qualified health plan through the Marketplace.

instructions form 8962

Form 8962 instructions 2022 Form 8962 instructions PDF Form 8962 instructions 2021 IRS Form 8962 PDF irs requesting form 8962 and 1095-a How to get Form 8962 IRS Form 8962 download how to fill out a 8962 form with 1095-a

What are common mistakes when filing form 8962?

Common mistakes include missing household income, failing to reconcile credits with Form 1095-A, and inaccurate income estimates. If navigating tax credits feels complex, the Tax Hardship Center can offer expert assistance, helping you resolve issues related to Form 8962 and IRS notices.

Why must a taxpayer file form 8962 if they receive Form 1095-A?

Basic information about Form 1095-A You will also use this form to reconcile advance payments of the premium tax credit made on your behalf with the premium tax credit you are claiming on your tax return. To do this you will use Form 8962, Premium Tax Credit, which you file with your tax return.

Will I get money if I file the 8962 form premium tax credit?

Youll need to use Tax Form 8962 to determine your eligibility for the PTC. If you use more of the PTC than your final taxable income allows, you may need to repay the difference when you file your taxes, but if you use less than you qualify for, you may receive the difference as a refundable credit on your return.