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New Member
posted Jan 23, 2020 11:31:58 PM

When filing my 2019 taxes,I needed 1095-A which I have, entered into TurboTax and filed but the paper says I must file it with a 8962 form and I am unsure how to do that?

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3 Replies
Expert Alumni
Jan 24, 2020 6:37:28 AM

TurboTax automatically generates Form 8962. When you enter the information from your form 1095-A we’ll calculate your Premium Tax Credit and prepare IRS Form 8962  for you to file with your tax return.

 

Related Information:  

 

 

 

Level 1
Apr 23, 2020 10:56:40 AM

I need to file my taxes electronically using form 8962 is that possible? I have 1095-A

To get information from.

Expert Alumni
Apr 24, 2020 9:37:21 AM

Yes. If you purchased insurance through the marketplace and received a 1095-A, that must still be reported on your return.This will calculate the Net Premium Tax Credit on Form 8962. This form reconciles the amount of the credit available to you with the amount already received as an Advance Premium Tax Credit. The result could be additional credit owed to you, or you may have to repay any amount already received in advance. Because of either of these results, it is important for taxpayers to include the information from Form 1095-A on their return.

 

Follow these steps:

  • Click on Deductions & Credits under Federal
  • Under the menu for Medical, click Start/Revisit next to Affordable Care Act (Form 1095-A)
  • Answer Yes indicating that you have the form to enter
  • Complete the information on the next screen to match your form and click continue