US Medical Term · financial
Form 8962
Formulario 8962
In 9 languages
| Language | Term |
|---|---|
| English | Form 8962 |
| Spanish (Español) | Formulario 8962 |
| Chinese (中文) | 8962表格 |
| Korean (한국어) | 8962 양식 |
| Vietnamese (Tiếng Việt) | Mẫu 8962 |
| Filipino (Tagalog) | Form 8962 |
| Portuguese (Português) | Formulário 8962 |
| Thai (ภาษาไทย) | แบบฟอร์ม 8962 |
| Japanese (日本語) | フォーム8962 |
What it means
Form 8962 is the IRS tax form used to calculate and reconcile the Premium Tax Credit (PTC) for people who enrolled in an ACA Marketplace health plan. If you received advance premium tax credits during the year to reduce your monthly premiums, you must file Form 8962 with your federal tax return to reconcile those payments against the credit you are actually entitled to based on your final household income. If you received too much in advance credits, you must repay the difference (subject to caps for lower incomes); if too little, you receive the remainder as a refund or a reduction in taxes owed. Form 8962 cannot be completed without Form 1095-A. Failing to file when required can block you from receiving advance premium tax credits in future plan years.
How to say it
Sentences a patient might use with a doctor, nurse, pharmacist, or insurer:
You must attach Form 8962 to your federal tax return if you received advance premium tax credits during the year.
Debe adjuntar el Formulario 8962 a su declaración de impuestos federal si recibió créditos fiscales de prima anticipados durante el año.
If your income was lower than expected, Form 8962 may show that you are owed additional premium tax credit as a refund.
Si sus ingresos fueron menores de lo esperado, el Formulario 8962 puede mostrar que se le debe un crédito fiscal de prima adicional como reembolso.
Failing to file Form 8962 when required can block you from receiving advance premium tax credits in future plan years.
No presentar el Formulario 8962 cuando se requiere puede impedirle recibir créditos fiscales de prima anticipados en futuros años del plan.
Where you'll see it
Related terms
Sources
Last reviewed: September 2026