To get the Premium Tax Credit (PTC) on your federal return, you need to have received form 1095-A. You receive a 1095-A if you purchased health insurance through Healthcare.gov or your state's health insurance marketplace. It should include info for everybody on your return who was enrolled in a Marketplace plan.
- To enter your form 1095-A, see Where do I enter my 1095-A?
- Note: If you income was too low and you qualified for Medicaid, you don't qualify for the PTC.
The Premium Tax Credit is a tax credit to help make health coverage more affordable when you purchase health insurance from Healthcare.gov or a state Marketplace.
You qualify for the credit if:
- Your health insurance plan is purchased through Healthcare.gov or a state Marketplace
- Your household income falls between 100% and 400% of the federal poverty level for your household size
- You don't file as Married Filing Separately (with exceptions for victims of domestic abuse and spousal abandonment)
- You can't be claimed as a dependent by another person
If you qualify, you can either take your tax credit as a monthly subsidy to help pay for your insurance costs or claim the entire credit when you file your tax return.
Related Information:
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
