PPECPA
Level 5

Hey TaxGuyBill

Yessir,

Line 24 Total Premium tax credit shows a positive amount

Line 25 Advance payment of PTC shows a positive amount

Line 26 is blank

Line 27 Excess Advance payment of PTC. If line 25 is greater than line 24 enter difference (shows a positive amount)

Line 28 Repayment limitation is blank

Line 29 Excess advance premium tax credit repayment shows the same amount as reported in line 27

 

This information on lines the monthly calculations was copied from the three 1095-A's provided by the tax client.  A.  Monthly enrollment premiums  B. Monthly second lowest cost silver plan premium C. Monthly advance payment of premium tax credit

 

Sorry not sure I follow allocating 0% to the tax payer.  

 

Am I reporting the information on the Form 1095-A properly?

0 Cheers