Health Insurance · Form 8962 · IRC §36B
APTC Repayment Calculator (Form 1095-A → Form 8962)
Enter the three columns from your Form 1095-A and find out whether you repay advance credit or claim more — before the bill shows up on your return.
Will I have to repay my advance premium tax credit?
At $58,000 of MAGI for a household of 1, you are at 371% of the Federal Poverty Level. The credit you actually earned is $1,663, the Marketplace advanced $5,040, so $3,377 is excess and $3,377 is repayable on Schedule 2.
- 400% FPL for your household: $62,600 MAGI.
- Poverty line used: $15,650 (48 contiguous states & DC, 2025 HHS guidelines — Form 8962 for coverage year 2026 uses the prior year's guidelines).
- For 2026 returns, OBBB repealed the repayment limitation — excess advance credit is repaid in full.
- All three premium inputs come from Form 1095-A Part III, columns A, B, and C.
Household & income
Alaska and Hawaii have their own, higher HHS poverty guidelines. Poverty line for a household of 1: $15,650.
Filing status drives the 2025 repayment cap. The 2026 caps were repealed. Married filing separately generally means no premium tax credit (see below).
From your Form 1095-A, Part III
The months are treated as covering the whole family; if only some members were eligible, the credit is reduced only for them (Form 8962 Part II, monthly).
Enter monthly figures for a full twelve months of coverage. Annualized: enrollment $6,720, benchmark $7,440, advance credit $5,040.
Form 8962 repayment limitation table (2025 returns)
| Household income (% of FPL) | Single | All other filing statuses |
|---|---|---|
| Under 200% | $375 | $750 |
| 200% to under 300% | $975 | $1,950 |
| 300% to under 400% | $1,625 | $3,250 |
| 400% and above | No limit | No limit |
For 2026 returns this table no longer applies: OBBB repealed §36B(f)(2)(B), so excess advance credit is repaid in full at every income level.
Honest caveats
- This models a full twelve months of coverage. Form 8962 is computed month by month; partial-year coverage, mid-year plan changes, or a marriage during the year need the monthly Part II calculation.
- Plan year 2026 uses the 2025 poverty guidelines. The Marketplace always lags a year behind HHS.
- Shared-policy allocations and the alternative marriage-year calculation (Form 8962 Parts IV and V) are out of scope here.
- The self-employed health-insurance deduction is circular with the PTC — solving that loop needs software or a preparer.
- Educational estimate. Confirm every figure against your own Form 8962.
Amount you repay (Schedule 2)
Uncapped — OBBB repealed the repayment limitation for 2026
- Household income as % of FPL
- 371%
- Line 5 — FPL percentage (decimals dropped)
- 370
- Poverty line used
- $15,650
- Applicable percentage
- 9.96%
- Your expected contribution
- $5,777
- Line 24 — PTC allowed
- $1,663
- Line 25 — advance PTC paid
- $5,040
- Line 27 — excess advance PTC
- $3,377
- Line 28 — repayment limitation
- None
- Line 29 — repayment
- $3,377
Don't recognize these boxes?
The Form 1095-A guide walks Part I, Part II, and every Part III column, including what to do when column B is blank.
Read the Form 1095-A guideFrequently asked questions
What is APTC reconciliation on Form 8962?
The Marketplace pays advance premium tax credit (APTC) to your insurer during the year based on your ESTIMATED income. At filing, Form 8962 compares that advance to the credit your ACTUAL income earned. Too much advance means you repay the excess on Schedule 2; too little means you claim the difference as a net premium tax credit on Schedule 3.
Do I have to repay all of my advance premium tax credit?
For 2026 returns, yes — OBBB (P.L. 119-21) repealed the §36B(f)(2)(B) repayment limitation, so every dollar of excess advance credit is repaid regardless of income. For 2025 returns, the Form 8962 limitation table still caps repayment for households under 400% of the Federal Poverty Level ($375 to $3,250 depending on filing status and FPL band). At or above 400% FPL, repayment has always been uncapped.
Where do I find the numbers this calculator asks for?
All three premium figures are on Form 1095-A Part III: column A is your enrollment premium, column B is the second lowest cost silver plan (the benchmark), and column C is the advance credit already paid to your insurer. Add the twelve monthly rows, or use the annual totals row.
What happens if my income went over 400% of the poverty line?
It depends on the tax year. On a 2026 return the enhanced subsidies have expired, so MAGI strictly ABOVE 400% FPL means a $0 premium tax credit for the year — not a reduced one — and every dollar of advance credit the Marketplace paid on your behalf becomes repayable. Exactly 400.0% is still inside the table and still earns a credit. On a 2025 return there is no cliff at all: the ARPA/IRA applicable-figure table caps the benchmark contribution at 8.5% of income at every income level above 400% FPL.
Are Alaska and Hawaii different?
Yes. HHS publishes separate, higher poverty guidelines for Alaska and Hawaii, so the same income is a lower percentage of the poverty line there. Select your state above and the calculator switches poverty tables.
Sources & References
Primary references used for this content
Premium Tax Credit (PTC)
Reconciliation, the repayment limitation table, and the applicable percentage schedule
View on irs.gov
Health Insurance Marketplace Statement
Part III columns A, B, and C
View on irs.gov
2025 Federal Poverty Guidelines
Separate tables for the 48 contiguous states, Alaska, and Hawaii
View on aspe.hhs.gov
One Big Beautiful Bill Act
Repeal of the §36B(f)(2)(B) repayment limitation for tax years after 2025
View on congress.gov
✓4 primary sources; links re-checked on a weekly rotation by the source watcher
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Disclaimer: This calculator provides estimates for educational purposes only. Not tax, legal, or financial advice. Results may vary based on your specific circumstances. Consult a qualified CPA or tax professional for personalized guidance.