I received a Form 1095-A from the Marketplace. What is that?

Form 1095-A gives you information about the amount of advanced premium tax credit (APTC) you received during the previous year. A copy of this form is also reported to the IRS. Keep this form with your other tax records.

The APTC you received was based on the annual income you estimated you would earn when you signed up for Marketplace coverage. Now you must file a federal income tax return to compute your actual income for that coverage year. You will have to include Form 8962 with your return. This form will help you calculate how the APTC compares to the amount you were eligible for. If your actual income was lower than what you estimated, you can claim the difference as a refund when you file your tax return. If your income was higher than what you estimated, you might have to repay some or all of the difference paid on your behalf when you file your return. Note that for coverage in 2025, there are limits on how much you will have to repay if your income was less than $62,600 in 2025 for a household of one ($84,600 for a household of two). However, starting with coverage in 2026, Marketplace consumers will be expected to repay the full amount of any excess tax credits paid on their behalf.