Premium Tax Credit: Preparing for Proposed 2027 Changes

On October 14, 2026, Treasury and the IRS announced proposed Premium Tax Credit regulations addressing eligibility and verification, including changes intended for 2027. Preparers should monitor the proposal while applying current law and the instructions for the tax year being filed. Form 1095-A supplies Marketplace coverage information used to complete Form 8962, which calculates the credit and reconciles advance payments. Train your team to request Marketplace statements early, resolve missing or incorrect information, and distinguish proposed requirements from enacted changes before updating office procedures.