[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-301362-105":3,"detail-sidebar-cat-1-en-105":80,"doc-detail-301362-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","instructions-for-form-8962-premium-tax-credit-ptc","Instructions for Form 8962 - Premium Tax Credit (PTC)","","Instructions explain how to use Form 8962 to calculate the Premium Tax Credit (PTC) and reconcile it with advance payments of the PTC (APTC). The guidance covers 2025 updates, including changes to the definition of a coverage month, reporting requirements for MEC proof, and a new employer-coverage affordability rule for family members. It also details QSEHRA coordination, required monthly PTC adjustments, and when to report changes in household income, enrollment, addresses, coverage eligibility, and tax-family composition.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/forms/","Forms",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/instructions-for-form-8962-premium-tax-credit-ptc/301362/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/instructions-for-form-8962-premium-tax-credit-ptc/301362.png","ImageObject",442,249,{"name":42,"@type":43},"Bulrr","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-09-22","2026-09-19",true,{"@type":52,"interactionType":53,"userInteractionCount":22},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"What is the purpose of Form 8962?","Question",{"text":62,"@type":63},"Use Form 8962 to figure the amount of the Premium Tax Credit (PTC) and reconcile it with advance credit payments (APTC).","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"What 2025 change affects the definition of a coverage month?",{"text":67,"@type":63},"As of January 1, 2025, a month may be considered a coverage month and a PTC may be allowed if a portion of the enrollment premium is unpaid but the paid amount is sufficient to avoid termination under specified scenarios.",{"name":69,"@type":60,"acceptedAnswer":70},"How does QSEHRA affect the monthly PTC?",{"text":71,"@type":63},"If QSEHRA is affordable for a month, no PTC is allowed for that month. If unaffordable, the monthly PTC must be reduced (not below 0) by the monthly permitted benefit amount, and “QSEHRA” must be entered in the top margin on page 1 of Form 8962.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},301362,1790109417,{"code":4,"msg":81,"data":82},"success",[83,88,93,98,103,108,112,117,122],{"id":84,"doc_module":22,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},11,"Presentations",90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":110,"slug":111},17,40,"forms",{"id":113,"doc_module":22,"doc_module_name":25,"category_name":114,"show_sort_weight":115,"slug":116},18,"Letters",30,"letters",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},21,"Paper Templates",5,"papers-templates",{"id":123,"doc_module":22,"doc_module_name":25,"category_name":124,"show_sort_weight":4,"slug":125},158,"General","general-158",{"code":4,"msg":81,"data":127},{"doc_id":78,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":109,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":22,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":135,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":140,"read_time":141},5909892115043,"https://ap-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","2025  \nInstructions for Form 8962  \nPremium Tax Credit (PTC)   \nSection references are to the Internal Revenue Code unless otherwise noted.  \nFuture Developments  \nFor the latest information about developments related to Form 8962 and its instructions, such as legislation enacted after they were published, [go to](go to IRS.gov/)[ ](go to IRS.gov/)[IRS.gov/](go to IRS.gov/)[ ](go to IRS.gov/)[Form8962](Form8962.)[.](Form8962.)  \nWhat’s New  \nChanges to “coverage month” definition for PTC/ APTC. As of January 1, 2025, a month may be considered a coverage month, and a PTC may be allowed for the month, if a portion of the enrollment premium for the month is unpaid but the amount of the premium paid, including by advance credit payments, is sufficient to avoid termination of the coverage under one of the scenarios described under Enrollment premiums, later. See Enrollment premiums, later, for more information.  \nReporting entities no longer required to send minimum essential coverage (MEC) forms automatically.  \nIn certain circumstances, reporting entities aren’t required to send tax forms to covered individuals showing proof of MEC (Forms 1095-B and 1095-C) unless a form is requested. If requested by the individual, the form must be provided by January 31, or 30 days after the date of request, whichever is later.  \nReminders  \nNew employer-coverage affordability rule for family members of employees. For tax years beginning after 2022, for purposes of determining eligibility for the PTC, affordability of employer coverage for an employee’s spouse or dependents allowed to enroll in the employer coverage is no longer based on the cost of covering only the employee. Affordability of the employer coverage for these family members is now based on the employee’s cost for coverage of the employee and these other family members.  \nApplicable federal poverty line percentages. For tax year 2025, taxpayers with household income that exceeds 400% of the federal poverty line for their family size maybe allowed a PTC.  \nQualified small employer health reimbursement arrangement (QSEHRA). Under a QSEHRA, an eligible employer can reimburse eligible employees for medical expenses, including premiums for Marketplace health insurance. If you were covered under a QSEHRA, your employer should have reported the annual permitted benefit in box 12 of your Form W-2 with code FF. If the QSEHRA is affordable for a month, no PTC is allowed for  \nthe month. If the QSEHRA is unaffordable for a month, you must reduce the monthly PTC (but not below-0-) by the monthly permitted benefit amount and you must enter“QSEHRA” in the top margin on page 1 of Form 8962 to explain your entry and avoid delay in the processing of your return. For more information, see Column (e) under Line 11 or Lines 12 Through 23 , later. Also see Qualified Small Employer Health Reimbursement Arrangement in Pub. 974, Premium Tax Credit, for information on determining QSEHRA affordability; and Notice 2017-67 for additional guidance on QSEHRA coordination with the PTC. Notice 2017-67 is available at [IRS.gov/irb/](IRS.gov/irb/)[ ](IRS.gov/irb/)[2017-47_IRB\\#NOT-2017-67](2017-47_IRB#NOT-2017-67.)[.](2017-47_IRB#NOT-2017-67.)  \nReport changes in circumstances when you re-enroll in coverage and during the year. If advance payment of the premium tax credit (APTC) is being paid for an individual in your tax family (described later) and you have had certain changes in circumstances (see the examples later), it is important that you report them to the Marketplace where you enrolled in coverage. Reporting changes in circumstances promptly will allow the Marketplace to adjust your APTC to reflect the PTC you are estimated to be able to take on your tax return. Adjusting your APTC when you re-enroll in coverage and during the year can help you avoid owing tax when you file your tax return. Changes that you should report to the Marketplace include the following.  \n• Changes in household income.  \n• Movin","cbCaihh7t5Lnw9Aw","https://ap.wps.com/l/cbCaihh7t5Lnw9Aw","pdf",402164,24,"English","# Purpose of Form\n## What’s New\n## Reminders\n## Reporting changes in circumstances\n## Health insurance options\n## Additional information","[{\"question\":\"What is the purpose of Form 8962?\",\"answer\":\"Use Form 8962 to figure the amount of the Premium Tax Credit (PTC) and reconcile it with advance credit payments (APTC).\"},{\"question\":\"What 2025 change affects the definition of a coverage month?\",\"answer\":\"As of January 1, 2025, a month may be considered a coverage month and a PTC may be allowed if a portion of the enrollment premium is unpaid but the paid amount is sufficient to avoid termination under specified scenarios.\"},{\"question\":\"How does QSEHRA affect the monthly PTC?\",\"answer\":\"If QSEHRA is affordable for a month, no PTC is allowed for that month. If unaffordable, the monthly PTC must be reduced (not below 0) by the monthly permitted benefit amount, and “QSEHRA” must be entered in the top margin on page 1 of Form 8962.\"}]","Instructions for Form 8962 - Premium Tax Credit (PTC) | PDF",1789781375,8]