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The best way to “reconcile” your premium tax credit score on 2019 taxes


Printed on February 27, 2020

You might have till April 15, 2020 to file your 2019 federal revenue tax return. If you happen to had a Market plan in 2019 and used to decrease your month-to-month cost, you’ll should “reconcile” your tax return.

By “reconciling,” you’ll discover out if there’s any distinction between the premium tax credit score you used and the quantity you qualify for. Any distinction between the 2 figures will have an effect on your refund or tax owed.

The best way to “reconcile” your premium tax credit score on 2019 taxes:

  1. Discover your Kind 1095-A, and confirm its accuracy. If you happen to didn’t get one, verify your on-line Market account. If it’s not there, attempt the Name Heart. See how to make certain the data is appropriate.
  2. Print Kind 8962 (PDF, 112 KB) and directions (PDF, 356 KB).
  3. Use the data out of your 1095-A kind to finish Half II of Kind 8962. Check with this desk as a information.
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