Form 8962 tax return
WebJun 10, 2024 · Download and print the Form 8962 and instructions for a paper return. If you're mailing in a paper tax return and you received … WebMar 13, 2024 · Customers who file a return which should include Form 8962, Premium Tax Credit, may receive the following Reject Code, F8962-070: “The e-File database indicates that Form 8962 or a binary attachment with a description containing "ACA Explanation" must be present in the return.”. If you received this rejection, your client or a dependent …
Form 8962 tax return
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Web1. Log into your return. 2. Click Federal. 3. Click Miscellaneous Topics from the list of topics. 4. Click Additional Information for E-Filing. 5. Click ACA Explanation. 6. Check the box indicating Form 8962 is not required to be attached to this return, then click Continue. WebFeb 12, 2024 · Form 8962 is a two-page document with five sections: Part I is where you enter the annual and monthly payment amounts based on the size of your family, …
WebYou can file Form 8962 ( Premium Tax Credit ) with your tax return if you want to claim the premium tax credit or if advance payments were made to Kaiser Permanente. You'll need to file a long form 1040. You'll find the information you need to fill out Form 8962 in your Form 1095-A. What is the advance premium tax credit (APTC)? WebApr 3, 2024 · My e-filed return was rejected for lack of a Form 8962, Answered in 5 minutes by: Tax Professional: Moira C., CPA Ask Your Own Tax Question Ok Tax Professional: Moira C., CPA It seems the IRS has a 1095-A on file under your SSN or your spouse or a dependent. Please create an account here to download your 1095-A form: …
WebApr 27, 2024 · The IRS announced ( IR-2024-84, April 9, 2024) that taxpayers with excess APTC for 2024 do not need to file Form 8962 with their return, or repay this excess amount on their 2024 Form 1040, U.S. Individual Income Tax Return, or Form 1040-SR, U.S. Tax Return for Seniors, Schedule 2, Line 2, when they file. WebStarting with tax year 2024, electronically filed tax returns will be rejected wenn the taxpayer your required to reconcile advance payments of the premium fax credit (APTC) on Form 8962, Premium Fiscal Credit (PTC), but does not attach the form to and fiscal return.
WebFeb 14, 2024 · The IRS makes the rules, not the Marketplace. The IRS rejected your reurn because you need a Form 8962. Enter your 1095-A onto your return and Form 8962 will automatically generate. Use Form 8962 to figure the amount of your premium tax credit (PTC) and reconcile it with advance payment of the premium tax credit (APTC).
WebHello, my tax return was rejected citing a problem with my 1095a. It says I received the premium tax credit (I guess last year when I filed my taxes??), and I need to fill out form 8962 to reconcile the payment. However when I Went to the Premium tax credit (form 8962) section it says I don't qualify because my premiums amounts are under the ... picture of a cat fishingWebTo access Form 8962, from the Main Menu of the tax return (Form 1040) select: Payments, Estimates & EIC. Premium Tax Credit (PTC) Annual and Monthly … top down german car leadingWebApr 7, 2024 · Form 1095-A will help you complete Form 8962. This will help you claim your premium tax credit benefits on your tax return. You should not file your tax return before you receive and verify the information shown on your Form 1095-A. Form 1095-B is used to report and confirm that you had the minimum required insurance coverage during the year. picture of a cats