We received health insurance from the market place for 5 months while on unemployment. Do I still divide by 12 months on form 8962 section 8 b.


Answer

It doesn't matter what months you had income or you didn't. Cost assistance on 8962 is based off of a one year period, so income is divided by 12.

Learn more about how to fill out 8962.

Rate and Comment on the Answer

Your email address will not be published. Required fields are marked *

1 2 3 4 5

This site uses Akismet to reduce spam. Learn how your comment data is processed.