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What is Form 8962?

Form 8962 is an IRS tax form called the Premium Tax Credit (PTC) form. If you had Marketplace coverage and received premium tax credits (APTC) during the year, you must file this form with your federal tax return.

Zachary Ortiz avatar
Written by Zachary Ortiz
Updated yesterday

Why it matters

  • The Marketplace gives you advance premium tax credits (APTC) based on your estimated income.

  • At tax time, Form 8962 compares your actual income to your estimate.

  • This process is called “reconciling” your credits. It determines whether you got the right amount of help, too much, or not enough.

What the form does

  • If you received too much APTC → you may need to pay some back.

  • If you received too little APTC → you may get a larger tax refund.

  • If you had Marketplace coverage but did not receive APTC → you may still use Form 8962 to claim tax credits when you file.

Documents you’ll need

  • Form 1095-A from the Marketplace (lists your coverage months and credit amounts)

  • Your household’s actual income for the tax year

Quick tip

Everyone who has had a Marketplace plan must use Form 8962 if they want to claim or reconcile premium tax credits. If you don’t file it, you will not be able to receive subsidies in the future until you reconcile. If you have questions, contact our Consumer Support team at 855-772-2663, Monday–Friday, 6am–4pm PT.

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