Yes, you must use Form 1095-A to claim the Premium Tax Credit (PTC) on Form 8962. The IRS requires Form 1095-A, issued by the Health Insurance Marketplace, to report key information needed to calculate and reconcile the PTC. This includes the annual enrollment premiums (line 33, column A), the applicable Silver-level premium (SLCSP) (line 33, column B), and the advance payment of the PTC (APTC) (line 33, column C). These values are used to complete Part II of Form 8962, specifically lines 11 and 12–23, for annual and monthly calculations.
Key Requirements for Using Form 1095-A
- Annual Totals (Line 11): Enter the total annual enrollment premiums from Form 1095-A, line 33, column A. If you have multiple forms, sum them. For column B (SLCSP), enter only one amount if enrolled in the same state; if enrolled in different states or married in December, sum the amounts.
- Monthly Calculations (Lines 12–23): Enter monthly premiums from Form 1095-A, lines 21–32, column A, and monthly APTC from column C. If premiums were not paid by the tax return due date (excluding extensions), enter $0$ unless coverage was maintained under specific scenarios.
- VOID or CORRECTED Forms: If you receive a Form 1095-A with the VOID box checked, do not use it or any prior version. If CORRECTED is checked, use only the corrected form and ignore the original.
Source:
Form 8962 Instructions (2025)
Disclaimer: Always verify details with the current IRS Form 8962 and Form 1095-A instructions, as well as your state’s Department of Revenue if applicable. For complex situations, consult a tax professional or attorney.