Tax filing time is almost over. here’s what to know

Published on April 6, 2023

How to “Reconcile” Your Tax Return

  • If you or anyone in your household had Marketplace coverage at any point in 2022, you’ll use your Form 1095-A to “reconcile” your 2022 premium tax credit.
  • Any difference between the amount of premium tax credit you use in advance during the year and the premium tax credit you actually qualify for based on your final income will affect how much money you get. Whether to give or to get refund.
  • If you used the premium tax credit, you report the advance payment in addition to the premium tax credit on your tax return or file. Form 8962, Premium Tax Credit (PDF, 110kb).

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