Tips to Avoid Unnecessary APTC Repayment Updated for Tax Year 2023 This quick guide explains two of tricky premium tax credit questions in TaxSlayer, and outlines how to answer each one so that taxpayers aren’t accidentally charged an APTC repayment they do not owe.
This tool, Premium Tax Credit Tips and Tricks, explains Form 1095-A and how it’s used to reconcile the premium tax credit on Form 8962. It also shares a few tips and tricks to help resolve complex premium tax credit questions. Updated for Tax Year 2022 This resource was incorporated into…
ACA Tax Training Webinar, Tax Year 2019 This webinar, presented on December 18, 2019, explains how to reconcile the premium tax credit, which provides significant financial assistance to low- and moderate-income families who purchased coverage in the marketplace. This is an advance ACA certification topic for VITA and TCE volunteers.…
ACA Tax Training Webinar Series, Tax Year 2018 As part of the ACA tax training webinar series for VITA/TCE volunteers presented on November 15, 2018, this webinar gives an overview of basic ACA certification topics for VITA and TCE volunteers, such as the requirement to maintain minimum essential coverage and…
ACA Tax Training Webinar Series, Tax Year 2018 As part of the ACA tax training webinar series for VITA/TCE volunteers presented on November 13, 2018, this webinar explains how to reconcile the premium tax credit, which provides significant financial assistance to low- and moderate-income families who purchased coverage in the…
For Tax Year 2015 Updated February 2016 Tax returns now include questions and forms related to the Affordable Care Act (ACA). All taxpayers need to report on their health insurance coverage, and some need to complete new tax forms or worksheets to claim an exemption from the coverage requirement, or calculate…
January 2016 This tool, ACA Examples for VITA/TCE Volunteers, is intended to give VITA/TCE volunteers an opportunity to practice completing forms and worksheets associated with the Affordable Care Act (ACA) tax provisions in TaxWise. Background and interview notes are provided for several example scenarios to prepare tax returns with various health…
