How do I use Form 8962?

Use Form 8962 to: Figure the amount of your premium tax credit (PTC). Reconcile it with any advance payments of the premium tax credit (APTC).

Where do Keith and Stephanie enter 50% on Form 8962?

On their Forms 8962, Part IV, line 30, Keith and Stephanie each enter “0.50” in columns (e), (f), and (g). Allocation Situation 2. Taxpayers married at year end but filing separate returns. You and your spouse must equally allocate (50% to each spouse) certain policy amounts if all of the following conditions are met.

How do I enter APTC amount on 8962 form?

Column (f). Enter the APTC amount from Form 1095-A, line 33, column C. If you have more than one Form 1095-A, add the amounts together and enter the total on Form 8962, line 11, column (f). Not an applicable taxpayer.

How do I enter a 1095-A from another state on 8962?

If individuals in your coverage family enrolled in qualified health plans in different states, add together the amounts from column B of Forms 1095-A from each state and enter the total on Form 8962, lines 12 through 23, column (b).

What is an 8962 form for spousal abandonment?

You check the box on your Form 8962 to certify that you are a victim of domestic abuse or spousal abandonment. You do not meet the 3-year limit for Exception 2, described below. Domestic abuse.

How does Alice compute her contribution amount on Form 8962?

Alice must compute her contribution amount using the federal poverty line percentage for the household income and family size reported on her Form 8962. Example 2. The facts are the same as in Example 1, except that Joe and Alice do not agree on an allocation percentage.

How do I enter QSEHRA on Form 8962?

If the QSEHRA was unaffordable for a month and you had to reduce the monthly PTC (but not below -0-) by the monthly permitted benefit amount, enter “QSEHRA” in the top margin on page 1 of Form 8962 to explain your entry and avoid delay in the processing of your return. Column (f).