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February 21, 2020
Question

I have a Marketplace Insurance plan for health insurance and received monthly premium tax credit. would I qualify for the Health Benefit Plan Credit?

  • February 21, 2020
  • 1 reply
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1 reply

LeonardS
February 21, 2020

You should have received Form 1095-A which provides information about your insurance policy, your premiums and any advance payment of premium tax credit you received.  You will enter the information on Form 1095-A TurboTax will automatically prepare Form 8962 Premium Tax Credit (PTC) to reconcile your Premium Tax Credit.

Here's how to enter your 1095-A in TurboTax: 

  1. Open (continue) your return if you don't already have it open. 

  2. In the upper right, search for 1095-A. 

  3. Select the Jump to link in the search results. 

  4. Answer Yes on the Did you receive Form 1095-A for your health insurance plan? screen and Continue. 

  5. Enter your 1095-A info on the next screen and select Continue. 

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