Form 1095-A provides you with information about your healthcare insurance, the premiums (the amount you pay for it), any advanced premium tax credit (APTC) that was paid during the year to your health plan in to reduce your monthly premium, and the individuals covered. The information from your 1095-A is entered into TurboTax to calculate your Premium Tax Credit. The effect of your 1095-A is on your tax return for the year that your reported it. If you had a credit leftover, it would have reduced your tax liability. If the amount paid to your insurer was more than your credit, you would have to pay back the difference and it is added to the total tax you owe for the year.
For more information, please see the TurboTax articles What is Form 1095-A: Health Insurance Marketplace Statement? and What is the Premium Tax Credit (PTC) and What is Tax Form 8962?
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