PTC: Claim the Credit on your Federal Tax Return

PTC: Claim the Credit on your Federal Tax Return

Did you know? People who are having a Premium Tax Credit applied to their health insurance premium must claim the credit on Your Federal Tax Return. You must complete Form 8962, Premium Tax Credit (PTC), to claim the premium tax credit on your 2014 taxes. If you failed to use this form when filing your taxes for 2014, you must have that corrected ASAP. Failing to file 2014 tax returns will prevent advance payments in 2016.

For more information go to: http://www.irs.gov/Affordable-Care-Act/Individuals-and-Families/The-Premium-Tax-Credit

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