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massjbr
New Member

When filling out turbo tax 1095 info it said I may owe premium tax credit back. where does that payment show when filing and paying federal?

where does info show for repayment back to gov for premium tax credit?  Is it included with total owed to fed and state?  Is 8962 automatically filled out?

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IsabellaG
Expert Alumni

When filling out turbo tax 1095 info it said I may owe premium tax credit back. where does that payment show when filing and paying federal?

If you owe a repayment of your advance premium tax credit, you will see it on your tax return on line 29 of Form 1040-A or line 46 of Form 1040. It will be part of your balance due.

Yes, Form 8962 is automatically created if you need to make a repayment.

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IsabellaG
Expert Alumni

When filling out turbo tax 1095 info it said I may owe premium tax credit back. where does that payment show when filing and paying federal?

If you owe a repayment of your advance premium tax credit, you will see it on your tax return on line 29 of Form 1040-A or line 46 of Form 1040. It will be part of your balance due.

Yes, Form 8962 is automatically created if you need to make a repayment.

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