Home
Forms Library
2016 form instructions

2016 form instructions-2025

2016 form instructions Preview on Page 1

See details

4.3 out of 5

82 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 2016. It outlines eligibility criteria, necessary forms, reporting changes in circumstances, and specific instructions for various taxpayer situations, including married couples and those with dependents. The document emphasizes the importance of accurate reporting to avoid tax liabilities and includes guidance on common mistakes.

Here's how it works

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

How to use or fill out 2016 form instructions with DocHub

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the 2016 Form 8962 in our platform's editor.
Begin by entering your personal information at the top of the form, including your name and Social Security number. Ensure that this matches your tax return.
In Part I, indicate the number of exemptions from your tax return on Line 1. Then, calculate and enter your modified AGI on Line 2a using the provided worksheet.
Proceed to Part II where you will report any advance payments of premium tax credits (APTC) received. Use Form 1095-A to find these amounts and enter them accurately.
In Part III, calculate any excess APTC you may need to repay based on your income level. Follow the instructions carefully to determine if repayment limitations apply.
Finally, review all entries for accuracy before saving or exporting the completed form directly from our platform for submission with your tax return.

Start filling out your 2016 Form 8962 effortlessly with our platform today!

See more 2016 form instructions versions

We've got more versions of the 2016 form instructions form. Select the right 2016 form 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.

Can clergy use form 2106?

In order to deduct some or all of churchrelated auto expenses under an allowance arrangement, pastors must file form 2106 when filing their federal tax returns. Clergy filing under selfemployed status can deduct some of their auto expenses using Schedule C and Form 4562 (Depreciation Amortization).

What is the standard deduction for 2016?

For 2016, the standard deduction remained at $12,600 for joint filers, the same as in 2015. For single filers and married filing separate filers, the deduction also remained the same as 2015 at $6,300. For heads of households, the deduction increased to $9,300, up from $9,250 in 2015.

Where can I get federal tax forms and instructions?

Get the current filing years forms, instructions, and publications for free from the IRS. Download them from IRS.gov. Order online and have them delivered by U.S. mail. Order by phone at 1-800-TAX-FORM (1-800-829-3676)

What is the difference between form 2106 and Schedule C?

For Form 1099-MISC non-employee compensation income (box 7), you need to use Schedule C (income from self-employment) to report the income and associated expenses. For 1099-MISC income, you are not an employee. Instead, you are self-employed. Form 2106 is used for non-reimbursed employee expenses.

Is form 2106 still used in 2023?

Section 67(g) suspends miscellaneous itemized deductions for tax years beginning after 2017 and before 2026. See the flowchart in these instructions to find out if you must file this form. No Dont file Form 2106 (see Notes below).

What form do I fill out for mileage reimbursement?

You should use Form 2106 and Schedule 1 (Form 1040) to claim mileage on taxes. An individual itemizing deductions and are claiming a deduction for medical or charity-related miles.

Who can still claim unreimbursed employee expenses?

You can deduct unreimbursed employee expenses only if you qualify as an Armed Forces reservist, a qualified performing artist, a fee-basis state or local government official, or an employee with impairment-related work expenses.

Who cannot use form 2106?

Form 2106 may be used only by Armed Forces reservists, qualified performing artists, fee-basis state or local government officials, and employees with impairment-related work expenses because of the suspension of miscellaneous itemized deductions subject to the 2% floor under section 67(a) by section 67(g).

2016 form instructions-2025

Here's how it works