WebDec 20, 2024 · December 25, 2024 6:51 AM. Since the cliff was removed the form 8962 is basically useless and the repayment will not be required ... ignoring that form is what you … WebDec 1, 2024 · If you purchased health insurance from the Healthcare.gov site — or your state healthcare marketplace if you live in a state that maintains one — you'll need to use Tax Form 8962. This form has two parts you'll need to fill out: Determining your eligibility for the credit Claiming the premium tax credit
2024 Federal Tax Return Info for Non-Marketplace Health Insurance
WebApr 11, 2024 · April 11, 2024. If you can't file your federal tax return by the April 18, 2024, deadline, request an extension. An extension gives you until October 16, 2024, to file your 2024 federal income tax return. You can use IRS Free File at IRS.gov/freefile to request an automatic filing extension or file Form 4868, Application for Automatic Extension ... WebAug 31, 2024 · This means that taxpayers must again repay excess APTC in 2024 after reconciling the payment using Form 8962. By allowing all persons, regardless of income, to qualify for a PTC for premium amounts in excess of 8.5%, however, ARPA removed the “subsidy cliff” for 2024 and 2024. dnf fanfiction mark my words
2024 health coverage & your federal taxes HealthCare.gov
Webfor 2024, you’ll have to report the excess APTC on your 2024 tax return or file Form 8962, Premium Tax Credit (PDF, 110 KB). If you’re claiming a net Premium Tax Credit for 2024, … WebClick 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 … WebFeb 25, 2024 · Form 8962 is used to estimate the amount of premium tax credit for which you’re eligible if you’re insured through the Health Insurance Marketplace. You need to … create hyperlink in html w3schools