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New Member
posted Nov 15, 2023 7:42:06 PM

What is my monthly advance tax credit

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2 Replies
Level 15
Nov 16, 2023 5:13:35 AM

What advance credit are you asking about?   In tax year 2021 only---no other year--- there were advance monthly child tax credits paid to parents of children under the age of 18 between the months of July 2021 and December 2021.   Is that what you mean?

Level 15
Nov 16, 2023 6:31:24 AM

Are you asking about the Advance Premium Tax Credit for health insurance from the Marketplace? If that's what you mean, which year are you asking about? Are you asking what the amount is, or are you asking for an explanation of what the Advance Premium Tax Credit is?


TurboTax has no way of knowing the amount of your monthly Advance Premium Tax Credit. For 2022 it's on the Form 1095-A that you received from the Marketplace, in Part III column C. For 2023 it will be on the 1095-A that you will get in January, or you can call the Marketplace and ask them.