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What will happen if I received advance payments of the tax credit and I do not complete Form 8962 with my federal income tax return?

If you do not file Form 8962 your tax return will be rejected by the IRS, and may impact your eligibility to receive tax credits in the future. If the IRS rejects your return, you can refile and include the missing form, or provide an explanation why it was not included.

Read “How to correct an electronically filed return rejected for a missing Form 8962” to learn more.

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