Amended Tax Return and 1095-A

Forum|Forum|1 year ago
September 22, 2024
1 reply
2 views

I have to amend my 2022 return which will add about $3,000 to my total income. I also get premium tax credit to help with health insurance which is based off income. With the added income, will I have to get an updated 2023 Premium Tax Credit form (1095-A)?

rjs

Level 15

No, you don't need an updated Form 1095-A. TurboTax will recalculate your Premium Tax Credit on Form 8962 using your revised income amount.

mckinly16Author

Level 3

@rjs Would I have to wait for my amended return to be accepted for Turbo Tax to update the 1095-A form?

VolvoGirl

Level 15

I don’t understand. The amended return will automatically adjust the Premium tax credit. Did you enter the 1095A on the original return? No you don’t get a new 1095A. But you probably have to tell them if your income changes for this year 2024 so the next year’s 1095-A will be correct.