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My second lowest cost silver plan (SLCSP) column on my 1095 is $0.00 after inputting this information I'm not able to move forward states thats incorrect.

 
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3 Replies
MinhT1
Employee Tax Expert

My second lowest cost silver plan (SLCSP) column on my 1095 is $0.00 after inputting this information I'm not able to move forward states thats incorrect.

The Second Lowest Cost Silver Plan (SLCSP) premium in column B of your form 1095-A is incorrect if:

 

  • Part III, Column B has a “0” or is blank for any month someone in your household had the Marketplace plan
  • You had changes in your household that you didn’t tell the Marketplace about — like having a baby, moving, getting married or divorced, or losing a dependent

 

If either applies to you, you’ll use the government's tax tool to get the premium for your second lowest cost Silver plan and fill that cost in column B of form 1095-A. Failure to do this will result in a wrong calculation of the premium tax credit.

 

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My second lowest cost silver plan (SLCSP) column on my 1095 is $0.00 after inputting this information I'm not able to move forward states thats incorrect.

The Gov Tax tool did not work for NY State.

I entered .01 for each month in column B.

LeticiaF1
Employee Tax Expert

My second lowest cost silver plan (SLCSP) column on my 1095 is $0.00 after inputting this information I'm not able to move forward states thats incorrect.

I would recommend that you contact the Marketplace to make sure that you are reporting the correct amounts.  As MihnT1, mentioned, entering the wrong amounts on column B will result in the wrong calculation of the premium tax credit.  

 

 What is the Premium Tax Credit (PTC) and What is Tax Form 8962?


@user17735115627 

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