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The best way to use Kind 1095-A to finish Kind 8962, Premium Tax Credit score, in your taxes


Printed on February 22, 2018

In the event you had 2017 Market protection, you must have already acquired Kind 1095-A within the mail. Ensure your Kind 1095-A is correct earlier than you file your taxes. You’ll use data from this kind about to finish Kind 8962, Premium Tax Credit score.

First: Confirm your family and protection data & SLCSP

To verify your SLCSP is right, take a look at Half III, Column B of your 1095-A, titled “Month-to-month second lowest-cost Silver Plan (SLCSP) premium.” The SLCSP premium is wrong if:

  • Half III, Column B has a “0” or is clean for any month somebody in your family had the Market plan.
  • You had modifications in your family that you simply didn’t inform the Market about — like having a child, transferring, getting married or divorced, or shedding a dependent.
If both applies, use our tax software to get your SLCP premium.

Second: “Reconcile” in your taxes

Now that your Kind 1095-A is correct, you’re able to file. In the event you had a Market plan and used to decrease your month-to-month fee, you’ll need to “” whenever you file your federal taxes.
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