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Published on April 6, 2023
How to “reconcile” in your tax return
- You’ll use your Form 1095-A to “reconcile” your 2022 premium tax credit while you file your taxes if you happen to or anybody in your family had Marketplace protection at any level in 2022.
- Any distinction between the quantity of premium tax credit score you used prematurely through the yr and the premium tax credit score you truly qualify for based mostly in your last earnings will have an effect on whether or not you owe cash or get a refund.
- If you used premium tax credit you’ll report the surplus advance fee of the premium tax credit score in your tax return or file Form 8962, Premium Tax Credit (PDF, 110 KB).