I was eligible for more tax credit for healthcare.gov than I used. When applying, healthcare.gov says I can get the extra tax credit back. Where do I get this?

[91882]

The healthcare.gov program states I can get the extra tax credit I was eligible for when I file my taxes.  It does not show up on turbo.tax as an option.  Is there a special form?

[MarilynG1]

Yes, type '1095-A' in the Search area, then click on 'Jump to 1095-A'.  When you enter the info from your Form 1095-A, a Form 8962 is prepared and based on your total income, you may receive a Premium Tax Credit.  This amount will show on Line 26 of Form 8962, and on Schedule 3, Line 9.   

The Schedule 3 total carries over to Form 1040, Line 31. 

Here's more info on How is the Premium Tax Credit Calculated and How to Enter 1095-A. 

@91882 

[91882]

Thank you.  I already completed the 1095-A form.  Per the Healthcare.gov website, I am supposed to get back the extra tax credit they say I am eligible for, over and above what I used for paying the premium. If you choose to use less than the total amount you are eligible for, the site says you will get the rest at the end of the year as a tax credit.   Based on my income, I am eligible for more tax credit than was paid for insurance premiums.  The 8962 does not give you an amount to get the extra tax credit (I filled out the real form myself).  I am wondering if healthcare.gov is giving out bad information. 

[Critter-3]

You seem to be confused ... the form 8962 computes the Premium Tax Credit based on your actual income reported on the form 1040.   If you got too much you must pay back some/all of the credit and you did not get enough you get a credit on the return.   Review the form 8962 again carefully then look at  Sch 3 :  

[91882]

Thanks for your reply.  I read and re-read the instructions.

If you look at the form where you enter 11d.  It says the lesser of what was paid out for insurance (a) or what you are eligible for (d).  I was eligible for 16k (d) and only 13k (a) was paid out for insurance. Instructions has me entering 13k in 11d.  It only tells me enter the amount that was paid out for insurance, not the total I was eligible for in 11d.   Same amount for 11e, 13k from the 1095-A so 0 difference.  The rest only calculates if you owe more than what was paid out for ins. 

Nothing in the instructions or on the form has a way to show me getting back the difference.

[Critter-3]

The program will compute the 8962 automatically if you have entered the 1095-A in the interview.  I suggest you delete the 1095-A  and try that section again. 

[91882]

The form does not give me credit for the extra tax credit that I am eligible for that I did not use to pay for health insurance.  For the past 3 years, I have not used my entire tax credit I was eligible for.  I used less because 4 years ago, I had an income increase and ended up paying back quite a bit of tax credit at the end of the year.
I have completed the form 1095-A on turbotax each year and each year I have Not gotten the extra tax credit back that I was eligible for.  I completed the 8962 form and the form only allows you to claim the amount that was used to pay for insurance, Not what you are eligible for.   I have redone the 1095-A 3 times on turbotax and there is no change. 

I do not believe we get the extra tax credit we are eligible for if it is not used. I think healthcare.gov is misleading and giving out incorrect information.  The reconciliation on 8962 only allows for amounts you need to pay back.