An Interactive Guide to Your Form 1095-A
This tool explains the information on your Health Insurance Marketplace Statement and how it's used to claim the Premium Tax Credit (PTC) on your tax return.
Deconstructing Your 1095-A
Enter the monthly totals from Part III of your Form 1095-A below. This will help you understand what each column means and visualize how the credit works.
The total premium for your health plan.
The premium for the second-lowest cost silver plan available to you. This is used to calculate your maximum credit.
The monthly payment sent directly to your insurer to lower your premium. This is the tax benefit you received during the year.
Visualizing Your Monthly Premium
What Happens Next?
You Use This Info on Form 8962
The numbers from your Form 1095-A are entered on **Form 8962, Premium Tax Credit (PTC)**, which you file with your tax return. On that form, you will reconcile the advance payments (APTC) you received with the actual credit you qualify for based on your final income. This determines if you get an additional credit or have to repay some of the advance payments.