Hello,
In 2019 I didn't have enough income to qualify for the Advanced Premium Tax Credit for 2020 when I filed my 2020 ACA coverage application. As a result, I paid for my 2020 ACA premiums in full, and I also didn't have any cost-sharing reductions. Therefore, while I did receive a Form 1095-A for 2020, there were no APTC payments on it (in Part III, column C), and no Form 8962 was issued to me, either.
However, in 2020 I did in fact have enough income, which could've qualified me for this credit and cost reductions. I therefore wanted to know if there is any way to retroactively claim the APTC for 2020 (on an amended 2020 tax return), if I first didn't have enough income to qualify for it in a prior year (2019), but then ended up having enough such income in the actual following year (2020).
Right now I can only attempt to itemize and deduct my out-of-pocket premium payments, as well as medical and dental expenses, but all these put together don't rise above the standard deduction in any case. I also called the ACA Marketplace, but they didn't know the answer to the question above.
Any help would be greatly appreciated.
Thank you very much.
