turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

hvsewell
New Member

Premium tax credit for individual

If you received a premium tax credit for health insurance through the healthcare marketplace for 12 months, but never used it do you still have to show or file it on your tax return?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
SharonD007
Employee Tax Expert

Premium tax credit for individual

Yes, even though you didn't use your health insurance through the Marketplace, it still has to be reported on your taxes because you did receive the advanced premium payments.

 

For more information, please review the TurboTax articles What is the Premium Tax Credit (PTC) and What is Tax Form 8962? and Video: How to Claim the Affordable Care Act Premium Tax Credit (Obamacare)?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question