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IRS 8962 Form

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What Is A IRS 8962 Form?

Taxpayers need Form 8962 to figure out the amount of their premium tax credit (PTC). This kind of credit is refundable, which allows low-income families and individuals to purchase health insurance. This form must be included with the tax return: attached to either Forms 1040, 1040A or 1040NR and filed as a single packet by the due date. To fill out the form, the taxpayer will have to look up Form 1095-A, Health Insurance Marketplace Statement.

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