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February 8, 2022
Question

Federal Return rejected due to Form 8962 Premium Tax Credit how do I fix that?

  • February 8, 2022
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February 8, 2022

Form 8962 Premium Tax Credit is required when someone on your tax return had health insurance in 2021 through Healthcare.gov (or a state marketplace) and took the Advance Premium Tax Credit to lower their monthly premium. 

 

If you bought health insurance through one of the Health Care Exchanges, also known as Marketplaces, you should receive a Form 1095-A which provides information about your insurance policy. When you enter form 1095-A on your return, TurboTax will generate form 8962.

 

To report form 1095-A:

  1. Log in to your account. 
  2. Go to Federal Taxes.
  3. Go to Deductions and Credit.
  4. Scroll down to Medical and click show more.
  5. Go to Affordable Care Act (Form 1095-A).

For more information check The IRS is requesting Form 8962 for 2021

 

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