WebJan 12, 2015 · 29. Excess Advance Premium Tax Credit Repayment. Use a Schedule 2 to account for your excess credits. Enter the smaller of line 27 or line 28. If line 28 is blank, … WebOct 12, 2024 · On the resulting Form 8962 line 11 (annual amounts), the amounts shown in Column (a) (Annual enrollment premiums) and in Column (f) (Annual advance payment of PTC) are the sum of the amounts on the two 1095-A forms. However, the amount on line 11, column (b) (Annual applicable SLCSP premium) is only equal to the amount from ONE of …
How to Fill Out an 8962 Tax Form? - YouTube
WebQuick steps to complete and design Printable 8962 form 2024 instructions online: Use Get Form or simply click on the template preview to open it in the editor. Start completing the fillable fields and carefully type in required information. Use the Cross or Check marks in the top toolbar to select your answers in the list boxes. WebJan 31, 2024 · Starting with tax year 2024, electronically filed tax returns will be rejected if the taxpayer is required to reconcile advance payments of the premium tax credit (APTC) on Form 8962, Premium Tax Credit (PTC), but does not attach the form to the tax return.When we reject the return through the software you are using, you will see a paragraph that … food truck leahi avenue
Calculation of SE Health Insurance Deduction when claiming the
WebNov 6, 2024 · When filling out the form 8962, it seems to be indicating that I owe the entirety of the PTC back because for the 2 months that I had coverage under the ACA, my enrollment premium total was 1038.1, my annual applicable SLCSP premium was 760.02, my annual contribution amount was 932 (19,759/12140=162% giving applicable … WebFeb 18, 2024 · Form 8962: How to Fill Out Form 8962 - Premium Tax Credit 1095A Health Insurance Covered CaliforniaCalifornia covers topics like: Stimulus Checks, Medicare, ... WebSee the instructions to determine if you can use line 11 or must complete lines 12 through 23. Yes. Continue to line 11. Compute your annual PTC. Then skip lines 12–23 and continue to line 24. No. Continue to lines 12–23. Compute ... 2024 Form 8962 Author: SE:W:CAR:MP Subject: Premium Tax Credit \(PTC\) electric potential of a aa battery