Enter health coverage to calculate Form 8962: Premium Tax Credit
Enter health coverage information to calculate Form 8962, determine Premium Tax Credit eligibility, and assess exemptions or federal poverty line criteria.
- In the Organizer, selectCredits, thenHealth Coverage Tax Credit.
- Indicate whether the taxpayer qualifies for an exemption when the filing status is Married Filing Separate.
- Indicate which federal poverty line table should be used to calculate the Premium Tax Credit. The table for Other 48 States and DC is the default. Other choices include Alaska or Hawaii.
- You can claim the Premium Tax Credit when household income is below 100% of the federal poverty line, when the taxpayer meets the requirements of estimated household income below 100% of the poverty line, or the taxpayer meets the requirements of an alien lawfully present in the United States. Indicate Yes or No to these questions.
