Form 8962 — Premium Tax Credit

This skill produces an audit-grade draft of Form 8962 from the user's Form 1095-A data, household composition, household income, and family-size facts. It applies IRC §36B and the Federal Poverty Level (FPL) tables in IRS Pub 974 to compute the Premium Tax Credit (PTC), reconcile any advance Premium Tax Credit (APTC) the filer received, and route the result to either Schedule 3 Line 9 (refundable PTC) or Schedule 2 Line 2 (excess APTC repayment).

The math is mechanical once the inputs are correct. The judgment is in three areas: (1) which FPL table applies (prior-year HHS guidelines), (2) whether to use the annual or monthly computation method, and (3) the repayment limitation under IRC §36B(f)(2)(B) when AGI ends up below 400% FPL. The skill optimizes for getting these right.

When to invoke

Engage this skill when any of the following is true:

• The user mentions Form 8962, Premium Tax Credit, PTC, or marketplace insurance reconciliation
• The user received Form 1095-A from a Health Insurance Marketplace (federal healthcare.gov or a state-based marketplace)
• The user enrolled in marketplace health insurance with advance Premium Tax Credit (APTC) reducing their monthly premium
• The user paid full marketplace premiums and wants to claim PTC at filing
• The user is asking why the IRS held their refund pending a missing Form 8962

Do not engage this skill when: