Form 8962 (2025) - Premium Tax Credit (PTC) Annual and Monthly Contribution Amount

Sep 19, 2026

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Form 8962 (2025) captures the Premium Tax Credit (PTC) claim and reconciliation for eligible taxpayers. It computes the annual and monthly contribution amounts using tax family size, modified AGI, household income, and the applicable federal poverty percentage. The form supports allocating policy amounts or using an alternative calculation, then totals annual and monthly PTC, net PTC, and any advance payments. It also covers repayment of excess advance PTC and policy allocation details.

LanguageEnglish

CategoryForms

FormatPDF

Pages2

Reading Time1 min

AccessFree to download

Annual and Monthly Contribution Amount

Premium Tax Credit Claim and Reconciliation of Advance Payment of Premium Tax Credit

Annual Totals

Monthly Totals

Repayment of Excess Advance Payment of the Premium Tax Credit

Allocation of Policy Amounts

| Premium Tax Credit(PTC)
Attach to Form 1040,1040-SR,or 1040-NR.
Go to www.irs.gov/Form8962 for instructions and the latest information. | | OMBNo.1545-0074 | | --- | --- | --- | | | | 2025
Attachment
Sequence No.73 | Fom 8962 Department of the Treasury nternal Revenue Service Name shown on your return Your social security number A.You cannot take the PTC if your flngstatus is maredfling separately unless youqualify foran exception.See instructions.Ifyouqualify,check the box□ # Annual and Monthly Contribution Amount PartI | 1 Tax family size.Enter your tax family size.See instructions.
2a Modified AGI.Enter your modified AGI.See instructions.
b Enter the total of your dependents'modified AGI.Seeinstructions
3 Household income.Add the amounts on lines 2a and 2b.See instr
4 Federal poverty line.Enter the federal poverty line amount from Ta
appropriate box for the federal poverty table used.a□ Alaska
5 Household income as apercentage of federal poverty line (see instr
6 Reserved for future use . . . . . . . . . .
7 Applicable figure.Using your line 5 percentage,locate your “applicab
8a Annual contribution amount.Multiply line 3 by
line 7.Round to nearest whole dollar amount 8a | 2a | 1 | | | --- | --- | --- | --- | | | | 2 | | | | 2b | | | | | uctions ..
ble 1-1,1-2,or 1-3.See instructions.Check the
b□Hawaii c□Other 48 states and DC
uctions)· ········
le figure”on the table in the instructions
8b Monthly contribution amount.Divide line 8a
by 12.Round to nearest whole dollar amount | 3 | | | | | 4 | | | | | | | | | | 5 | % | | | | 6 | | | | | 7 | | | | | 8b | | | | | | | # PartⅡ Premium Tax Credit Claim and Reconciliation of Advance Payment of Premium Tax Credit 9 Are youallocating policy amounts with another taxpayer ordo you want to use the alternative calculation foryear of mariage?See instructions □Yes.Skip to Part IV,Allocation of Policy Amounts,or Part V,Alternative Calculation for Year of Marriage. □No.Continue to line 10. 10 See the instructions to determine if you can use line 11 ormust complete lines 12 through 23. □ Yes.Continue to line 11.Compute your annual PTC.Then skip lines 12-23 and continue to line 24. No.Continue to lines 12-23.Compute your monthly PTC and continue to line 24. | Annual
Calculation | (a)Annual enrollment
premiums(Form(s)
1095-A,line 33A) | (b)Annual applicable
SLCSP premium
(Form(s)1095-A,
line 33B) | (c)Annual
contribution amount
line 8a) | (d)Annual maximum
premium assistance
(subtract (c)from(b);if
zero or less,enter -0-) | (e)Annual PTC allowed
(smaller of(a)or(d) | | (f)Annual advance
payment of PTC(Fom(s)
1095-A,line 33C) | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 11 Annual Totals | | | | | | | | | | Monthly
Calculation | (a)Monthly enrollment
premiums(Form(s)
1095-A,lines 21-32,
column A) | (b)Monthly applicable
SLCSP premium
(Form(s)1095-A,lines
21-32,column B) | (c)Monthly
contribution amount
(amount from line 8b
or alternative marriage
monthly calculation) | (d)Monthly maximum
premium assistance
(subtract(c)from(b);if
zero or less,enter-0-) | (e)Monthly PTC allowed
(smaller of (a)or(d) | | (f)Monthly advance
payment of PTC(Fom(s)
1095-A,lines 21-32,
column C) | | | 12
January | | | | | | | | | | 13
February | | | | | | | | | | 14
March | | | | | | | | | | 15
April | | | | | | | | | | May
16 | | | | | | | | | | June
17 | | | | | | | | | | 18
July | | | | | | | | | | 19
August | | | | | | | | | | 20
September | | | | | | | | | | O

FAQs

How is the annual contribution amount calculated on Form 8962 (2025)?

It multiplies household income (line 3) by the applicable figure (line 7) and rounds to the nearest whole dollar amount.

When do you use annual versus monthly PTC calculation on the form?

If you can compute the annual PTC (per the form instructions based on eligibility questions), you skip lines 12–23; otherwise, you compute the monthly PTC through those lines.

What happens if the total PTC differs from the total advance payment of PTC?

If line 24 is greater than line 25, the net PTC is the difference and is carried to Schedule 3 (Form 1040). If line 25 is greater, excess advance payment triggers repayment sections starting at line 27.

Sep 19, 2026

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