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Around 12 million individuals received health insurance through a Federal or State Marketplace in last year, which means these taxpayers will receive a Form 1095-A, Health Insurance Marketplace Statement. This form is needed to accurately complete Form 8962, Premium Tax Credit. If you received a subsidy in order to reduce the amount of your monthly premium, you’ll have to reconcile the amount you received with the actual credit amount you are entitled to.
You can expect to receive your Form 1095-A no later than the beginning of February.
A completed Form 8962 is required to be included with your tax return if you received a premium tax credit subsidy. If you forget to include it, your return may take longer to process.
