How to Get Form 8962: Steps to Request and Retrieve It

Form 8962, Premium Tax Credit (PTC), is essential for taxpayers who received advance payments of the premium tax credit or wish to claim this credit on their federal tax returns. The form reconciles discrepancies between the estimated and actual income reported to the Health Insurance Marketplace.

Locating the Form on the IRS Website

Finding Form 8962 on the IRS website is simple. Enter “Form 8962” into the search bar to access the form and its instructions. These instructions guide taxpayers on completing the form, including calculations for reconciling advance premium tax credits. Ensure you download the most recent version, as the IRS updates forms to reflect changes in tax laws. Additional resources, such as FAQs and examples, are available on the IRS website to assist taxpayers.

Requesting the Form by Mail

For those who need a physical copy or lack internet access, Form 8962 can be requested by mail. Contact the IRS at 1-800-829-3676 and provide necessary details such as your Social Security number and prior tax information. The form typically arrives within 7 to 10 business days, though postal delays may occur during peak tax seasons. Requesting the form early helps avoid last-minute issues.

Checking Past Returns for Missing Copies

If Form 8962 is missing from past tax records, review your physical and digital copies of previous returns. If the form isn’t located, request a tax transcript from the IRS. Options include the Tax Return Transcript and the Tax Account Transcript, which can be requested online using the Get Transcript tool or by submitting Form 4506-T, Request for Transcript of Tax Return.

Retrieving Through the Health Insurance Marketplace

Taxpayers enrolled in a health plan via the Health Insurance Marketplace can use Form 1095-A to complete Form 8962. Form 1095-A includes details on insurance coverage, monthly premiums, and advance premium tax credit payments. Access this document through your online marketplace account and check for accuracy, as errors can impact tax credit calculations. Contact the marketplace directly to resolve discrepancies.

Amended Return Procedures for Missing Form

If Form 8962 was omitted from a previously filed tax return, an amended return must be filed. Taxpayers who received advance premium tax credits but failed to reconcile them on Form 8962 must address this oversight. Complete Form 1040-X, Amended U.S. Individual Income Tax Return, and attach the missing Form 8962 along with supporting documents like Form 1095-A. Amended returns must be mailed to the IRS, as electronic filing is unavailable for these cases. Use the address listed in the Form 1040-X instructions, which varies by state. Sending the amended return via certified mail with a return receipt is recommended to confirm delivery. Processing times range from 16 to 20 weeks, so plan accordingly. Retain a copy of the amended return and all related forms for your records.