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Level 1
October 20, 2021
Question

How do i know if i reconciled my advanced premium tax credit last year?

  • October 20, 2021
  • 2 replies
  • 28 views
Is it not done automatically when doing taxes? Or is it necessary to fill out form 8962 to do so?

2 replies

Level 8
October 20, 2021

There is no payback for 2020 taxes.  TurboTax normally creates the form when you enter your 1095-A.  Because of 2020 law change, 8962 is not needed this year.

 

Critter-3
Level 15
October 20, 2021

The 8962 will be populated when you enter the 1095-A information and it will be included in the return however any repayment will not be applied.