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The time to file taxes is sort of over. Right here’s what to know

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Printed on April 6, 2023

The right way to “reconcile” in your tax return

  • You’ll use your Type 1095-A to “reconcile” your 2022 premium tax credit while you file your taxes for those who or anybody in your family had Market protection at any level in 2022.
  • Any distinction between the quantity of premium tax credit score you used prematurely throughout the 12 months and the premium tax credit score you truly qualify for primarily based in your ultimate revenue will have an effect on whether or not you owe cash or get a refund.
  • For those who used premium tax credit you’ll report the surplus advance fee of the premium tax credit score in your tax return or file Type 8962, Premium Tax Credit score (PDF, 110 KB).
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