Printed on April 6, 2023
How you can “reconcile” in your tax return
- You’ll use your Kind 1095-A to “reconcile” your 2022 premium tax credit whenever you file your taxes for those who or anybody in your family had Market protection at any level in 2022.
- Any distinction between the quantity of premium tax credit score you used prematurely in the course of the yr and the premium tax credit score you truly qualify for based mostly in your ultimate earnings will have an effect on whether or not you owe cash or get a refund.
- In the event you used premium tax credit you’ll report the surplus advance cost of the premium tax credit score in your tax return or file Kind 8962, Premium Tax Credit score (PDF, 110 KB).
