Form 8962 from your Form 1095-A
Enter the monthly premium, SLCSP and advance PTC from Form 1095-A. Premtally applies the 2026 applicable figure and shows the credit, refund or repayment.
The 2026 rule
The enhanced credits of 2021–2025 expired. For 2026 the expected contribution runs from 2.10% of income under 133% of the poverty line to 9.96% at 300%–400% (Rev. Proc. 2025-25), and above 400% there is no credit (IRS). The One Big Beautiful Bill Act removed the cap on repaying excess advance PTC for tax years after 2025, so the whole excess is repaid (Form 8962 instructions).
Worked example
The sample is a single filer in the 48 states with a $600.00/month silver plan, an SLCSP of $650.00 and $235.00/month of advance PTC, approved on a $50,000 income estimate. At $50,000 (319% of the poverty line) the credit would be $2,820.00 for the year. The actual income came in at $64,000: that is over 400% of the poverty line, the credit is $0.00, and the full $2,820.00 of advance payments is repaid.
Your figures stay on your computer
Premtally reads your 1095-A file with JavaScript in this browser tab. Nothing is uploaded, and the rows are gone when you close the tab.
How it works
- Copy Form 1095-A lines 21–32 into the template (or any CSV or Excel sheet): month, premium, SLCSP and advance PTC. Drop it here, or try the sample.
- Enter filing status, tax family size, state and 2026 household income, then read the credit, the refund or repayment, and the 400% cliff.
- Check the figures against Form 8962 — or update your income with the Marketplace now so the advance payments shrink.
FAQ
Is my data uploaded?
No. Your files are read by JavaScript in your browser tab and never sent to us or anyone else. 1095-A rows aren't stored, so closing the tab clears them. Settings can be saved in this browser.
What does Premtally do?
It reads the monthly figures from Form 1095-A, works out the 2026 premium tax credit with the Form 8962 method (poverty line, applicable figure, monthly contribution, monthly credit), and compares it with the advance payments to show your extra refund or what you repay.
What changed for 2026?
The enhanced credits from 2021–2025 expired, so the credit stops above 400% of the poverty line and the applicable figures run from 2.10% to 9.96% (Rev. Proc. 2025-25). The One Big Beautiful Bill Act also removed the cap on repaying excess advance PTC for tax years after 2025.
Which poverty line is used?
For 2026 coverage, the 2025 HHS poverty guidelines: $15,650 for one person plus $5,500 per extra person in the 48 states and DC, higher in Alaska and Hawaii.
What's free?
Importing any number of rows, the full Form 8962 estimate, every month, every check, 5 income scenarios, 12 rows and 1 policy on screen and in print (with a footer). Pro shows and prints everything and exports the Excel workbook and CSVs.
What is household income?
Modified AGI for you, your spouse if filing jointly, and dependents who must file: AGI plus tax-exempt interest, untaxed foreign income and non-taxable Social Security.
What isn't covered?
Shared-policy allocation (Part IV), the alternative calculation for the year of marriage (Part V), state subsidies and Medicaid eligibility. Form 8962, its instructions and a tax professional come first.
Is this tax advice?
No. Premtally applies the rules it describes to the numbers you provide. It is an estimate to check against Form 8962.