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March 3, 2025
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After inputting my 1095-A, it looks like I'll need to pay back a certain amount. I have already filed my taxes, does TurboTax take care of the payment from the refund?

  • March 3, 2025
  • 1 reply
  • 0 views
Or is there an online portal somewhere I can pay that back?
    Best answer by SharonD007

    No, there's no portal for you to pay your repayment of your Advanced Premium Tax Credit. TurboTax calculates the repayment amount and it is calculated in your tax liability. Since you are receiving a refund, what you have to repay is deducted from your refund. You'll see the amount on your Form 8962 and Schedule 3, line 9 of your 1040.

     

    For more information, review the TurboTax articles What is the Premium Tax Credit (PTC) and What is Tax Form 8962?

    1 reply

    SharonD007
    March 3, 2025

    No, there's no portal for you to pay your repayment of your Advanced Premium Tax Credit. TurboTax calculates the repayment amount and it is calculated in your tax liability. Since you are receiving a refund, what you have to repay is deducted from your refund. You'll see the amount on your Form 8962 and Schedule 3, line 9 of your 1040.

     

    For more information, review the TurboTax articles What is the Premium Tax Credit (PTC) and What is Tax Form 8962?

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