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IRS Form 8962, Premium Tax Credit (PTC) Ranking & Summary
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IRS Form 8962, Premium Tax Credit (PTC) Tags
IRS Form 8962, Premium Tax Credit (PTC) Description
Premium tax credit (PTC). The PTC is a tax credit for certain people who enroll, or whose family member enrolls, in a qualified health plan offered through a Marketplace. The credit provides financial assistance to pay the premiums by reducing the amount of tax you owe, giving you a refund, or increasing your refund amount. You must file Form 8962 to compute and take the PTC on your tax return.
IRS Form 8962, Premium Tax Credit (PTC) Related Software