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Bai2 Technical Reference Manual Form

Bai2 Technical Reference Manual Form

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Instructions and help about Bai2 Technical Reference Manual Form

all right for this video we want to go through a sample form 8962 premium tax credit for the 2023 tax year so this form is filed with your form 1040 and it's necessary if you were enrolled in the health insurance Marketplace during the year and received any advanced premium credit so you would get something like this in the mail uh IRS form 1095a a health insurance Marketplace statement from the insurance company and and we need to use the details on this form with your 8962 and your overall income to determine how much your premium tax credit should be so in this example we've got John taxpayer here he is a single filing taxpayer and he has one son Alex taxpayer and the health insurance coverage that John pays for is is a family plan so he gets this 1095a at the end of the year he's doing his 1040 and he needs to use that information to complete the 8962 so I've got the 8962 here with John's 1040 so we'll go through all of these pieces w

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