Hnr Block Health Insurance Form 8962

Form 8962 part iv.

Hnr block health insurance form 8962. Update your federal tax software and stay up to date before your federal tax filing. You use the information on the 1095 a form to fill out part ii of the 8962 form which is how you find out if there s any difference between the advanced payments of premium tax credit aptc you used and the amount of premium tax credit you qualify for this process is called reconciling. If you re listed as a dependent on your parents tax return you won t have any health insurance questions to answer on your own return. Standard live chat hours apply 7 00 a m.

Form 8962 premium tax credit. Form 8962 is the premium tax credit form. Not everyone can file form 8962 and claim the premium tax credit. Once you do this we will recommend that you add and complete form 1095 a.

Turbotax will tell you since someone is claiming you on their 2019 taxes you don t have to complete health insurance. We ll help you create or correct the form in turbotax. Use form 8962 to figure the amount of your premium tax credit ptc. Health insurance marketplace statement.

To find and add form 8962 to your return click federal taxes healthcare on the left side of your account screen then answer yes for having health insurance for the entire year and yes for having insurance through the marketplace. The purpose of form 8962 is to allow filers to calculate their premium tax credit ptc amount and to reconcile that amount with any advance payments of the premium tax credit aptc that have been made for the filer throughout the year. Form 8962 premium tax credit is required when someone on your tax return had health insurance in 2019 through healthcare gov or a state marketplace and took the advance premium tax credit to lower their monthly premium. Current revisionform 8962 pdf.

Form 8962 is used either 1 to reconcile a premium tax credit advanced payment toward the cost of a health insurance premium or 2 to claim a premium tax credit. See the latest federal tax form updates for h r block tax preparation software. Reconcile it with any advance payments of the premium tax credit aptc. If you had marketplace insurance and used premium tax credits to lower your monthly payment you must file this health insurance tax form with your federal income tax return.

I m on parents health plan but not on their tax return and i got my own 1095 a. Form 8962 part iv attachment.