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Revealed on April 6, 2023
How you can “reconcile” in your tax return
- You’ll use your Type 1095-A to “reconcile” your 2022 premium tax credit if you file your taxes should you or anybody in your family had Market protection at any level in 2022.
- Any distinction between the quantity of premium tax credit score you used prematurely throughout the yr and the premium tax credit score you truly qualify for based mostly in your last revenue will have an effect on whether or not you owe cash or get a refund.
- When you used premium tax credit you’ll report the surplus advance fee of the premium tax credit score in your tax return or file Type 8962, Premium Tax Credit score (PDF, 110 KB).
Questions? Free assist is on the market
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