After you file

TurboTax will complete form 8962 when you enter the information for your 1095-A.  To enter the 1095-A in TurboTax follow these steps:

1. Click Deductions & Credits
2. Click show more under medical
3. Click Start next to Affordable Care Act

The 1095-A is used to determine if the premium tax credit was calculated correctly when you signed up the Marketplace.  Taxpayers who are eligible for the Premium Tax Credit have a choice in how they receive it. You generally make the choice at the time you buy coverage in the Marketplace. The options are:

• Use the credit to reduce your taxes when you file your return at tax time.
• Use the credit to reduce your insurance premiums in advance when you pay the insurance premiums.

The first option is straightforward: At tax-filing time, you figure out the amount of your credit and then subtract that amount from your tax liability.

The second option is more complicated, because the government gives you the credit in advance—by sending money to your insurer to reduce your premiums. In this case, you figure the amount of your credit and compare it to the amount paid to your insurer to reduce your premiums.

For more information see the link below:

Form 1095-A

@John pprinsenjr