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Monday, July 15, 2024
HomeHealth InsuranceThe time to file taxes is sort of over. Right here’s what...

The time to file taxes is sort of over. Right here’s what to know


Printed 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 while you file your taxes in the event 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 upfront throughout the 12 months and the premium tax credit score you truly qualify for primarily based in your last revenue will have an effect on whether or not you owe cash or get a refund.
  • If you happen to used premium tax credit you’ll report the surplus advance cost 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 obtainable

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