In order for these individuals to be able to calculate a premium tax credit on Form 8962 (Premium Tax Credit), they must enter an amount greater than zero for the Second Lowest Cost Silver Plan in Part II, column B. To determine what this amount should be, the individual can use the Find 2014 Silver Plan Premium look up tool on the healthcare.gov website.
Here is the information an individual will need to determine the Second Lowest Cost Silver Plan amount using the tool:
- Zip Code and County where they lived each month in 2014
- Age of each family member covered
- Months each family member was covered and was not eligible for other coverage outside the marketplace.
If the individual obtained their insurance through one of the 15 State Marketplaces and did not receive a subsidy, then Form 1095-A, Part III, column B may contain zeros for the months that they had health insurance during 2014. If this is the case, they will need to go to the applicable State Marketplace website to determine what the Second Lowest Cost Silver Plan amount should be as follows:
- California – Form 1095-A Information
- Colorado – Find the Second Lowest Cost Silver Plan Premium
- Connecticut – Silver Plan Premium Calculator
- District of Columbia – SLCSP Calculator
- Hawaii – Contact Information
- Kentucky – Benchmark Plan Tool
- Maryland – SLCSP Worksheet
- Massachusetts – General website
- Minnesota – Silver Plan Look up Tool
- Nevada – SLCSP Table
- New York – SLCSP table
- Oregon – SLCSP Lookup Tool
- Rhode Island – Tax FAQs page
- Vermont – Tax Questions page with SLCSP information
- Washington – SLCSP Lookup Tool
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