Tag Archives: Form 8962

If you need help paying health insurance premiums during the year, you can apply to receive the Advance Premium Tax Credit. You can claim the Advance Premium Tax Credit when you buy insurance coverage through a Health Insurance Marketplace and reconcile it on Form 1040 with Form 8962. The credit is based on your estimated […]

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If you are filing taxes in 2014 you should know how the Affordable Care Act will affect your taxes. You may notice your taxes impacted more this year depending on where you received health coverage from or if you had no health insurance at all. Most tax payers with health coverage receive that coverage from […]

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The tax season is upon us and now is the perfect time for taxpayers to make sure they know the relationship between their health insurance coverage and the two tax forms that help figure out the amount of tax credit that is due to each person. Forms 8962 (Premium Tax Credit) and Form 1095-A (Health […]

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