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Missouri online Form Instructions 8962: What You Should Know
How to compare your premium tax credit amounts with those you earned last year — Healthcare.gov In the final section of this form, you will use your final tax year 2024 premiums and your income for form 8962 to compare your total earned credit with your income for form 8863 to estimate whether your income for form 8962 is sufficient to apply for the credit in the next year. Note that this form includes 2024 calculations only. You do not need to file this form for 2017. Learn more What to do if you want your health insurance tax credit to be paid to yourself or a dependent — Healthcare.gov How to file Form 8063 — Insurance Marketplace This form is for filing a premium tax credit claim for family members with defendants. You and the dependents receive payments, or you are responsible for paying the bill themselves. Learn more How to use Form 8063 — Insurance Marketplace You would use this form if you were claiming a premium tax credit for a family member who is an eligible individual, your child, or a spouse in the Marketplace. You'll need it to file Line 6 of Form 8063. Learn more Tax credits for children — Marketplace The Tax Credits for Children program helps support children of low and moderate income families who are eligible for the Earned Income Tax Credit (ETC), the Children's Health Insurance Program, or other child tax credits under the federal tax code or who are children of an eligible employee. The program pays eligible family members at a modest annual premium for each child. In addition, eligible child taxpayers may choose to use the Family Health Bonus to help offset costs for eligible family members, including parents What are the ETC, CTC and CHIP? — Marketplace ETC is the refundable tax credit that help support working families with kids. Child ages 0-17 receive an ETC, which is paid from tax refunds. CTC is a tax credit given to children and their parents as a result of the child's income. CHIP is an additional benefit to low-income families who purchase their individual health insurance policies through the Health Insurance Marketplace and who do not qualify for, and have, coverage from a high-deductible health plan. Learn more What the IRS calls Children's Health Insurance Program The Children's Health Insurance Program (CHIP) is the federal government's child health insurance program. The program was created through the Children's Health Insurance Program Reauthorization Act of 2005.
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