Form 8962 is automatically generated in the program. There is no direct entry for the form.
How do I generate Form 8962?
Form 8962 is generated based on the 1095-A form. To enter your 1095-A, follow this path:
- Health Insurance
- Did you, your spouse, or a dependent have insurance under the Affordable Care Act?
- Answer Yes
What if I don't have a 1095-A Form?
If you have a 1095-B or 1095-C form, answer No to the question asking if you have insurance under the Affordable Care Act.
If you do have insurance under the Affordable Care Act but do not have your 1095-A, you can get one by visiting https://www.healthcare.gov/.
Why isn't my 8962 generating an amount on line 24?
Check to see if you answered all questions correctly in the program. The most common reason for line 24 to not generate is the answer for "Is your household income below 100% of the Federal poverty line, and do you meet all of the requirements under either "Estimated household income at least 100% of the Federal poverty line" or "Alien lawfully present in the United States"?".
If you qualify (check the Learn More in the program for qualifications) and didn't answer 'Yes', the calculation may not generate an amount on line 24, resulting in a credit on line 26 but rather a repayment on line 29.