Source: HealthCare.gov
If you had Marketplace coverage at any point during 2023, you must file your taxes and reconcile your premium tax credit.
Use Form 1095-A to complete IRS tax Form 8962 and reconcile your 2023 premium tax credit when you file your 2023 taxes if you qualified for or used the premium tax credit. Once you do, you may:
- Owe taxes if you used more of the premium tax credit than you qualified for in 2023. You’ll have to report the excess amount on your 2023 tax return by filing Form 8962, Premium Tax Credit (PDF, 110 KB).
- Get a refund or lower the amount of taxes you owe if you used less of the premium tax credit you qualified for or got an increase in the premium tax credit when you reconciled. You still need to include Form 8962 with your tax return.
- Have to resubmit your 2023 tax return if you filed electronically but it was rejected for a missing Form 8962. You’ll need to complete Form 8962 or an explanation for why you’re missing the form, and attach it when you refile. Learn how to fix it and correctly file electronically.