The Actual IRS Tax Form 8962 -- For Tax Year 2014 *** An Important Tax Form / Re: ACA ( Health Care Taxation ) *** IRS -- Internal Revenue Service ( Treasury Department ) --> irs.gov/pub/irs-pdf/f8962.pdf IRS Tax Form 8962, Premium Tax Credit ( PTC ) - The Health Insurance Marketplace: ============================ Health Insurance coverage in a qualified Health plan purchased through the Health Insurance Marketplace ( Also known as the Health Market Exchange via ACA ). This includes a qualified Health plan purchased on healthcare.gov or through a State Marketplace. - Beginning in 2014, individuals must have Health Care coverage, have a health coverage exemption, or make a shared responsibility payment with their Tax return. ( Do Read On..... ) - Premium Tax Credit ( PTC ) . Advanced [ Payments of the ] Premium Tax Credit ( APTC ) - You must file Form 8962: ==================== ( 1) If your APTC is more than your PTC, you have excess APTC and you must repay the excess, subject to certain Limitations. . ( 2 ) If your PTC is more than the APTC, you can reduce your tax payment or increase your refund by the difference. . Re: IRS Tax Form 8962 -- Premium Tax Credit ( PTC ) ▶ Attach to Form 1040, 1040A, or 1040NR . Review the remainder of this Form 8962 in order to be more Educated with It..... . Link to IRS Form 8962 for Tax Year 2014: ================================= irs.gov/pub/irs-pdf/f8962.pdf . . *** And Re: Future Developments *** ============================== For the Latest information changes about developments related to Form 8962 and its instructions, such as Legislation enacted after they were published. go to irs.gov/form8962
Posted on: Tue, 27 Jan 2015 03:26:59 +0000
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