Does Form 8962 (Premium Tax Credit) Delay Tax Processing Time?

Form 8962 can definitely impact your processing time, though it's not as severe as some other situations. Have you already completed the form? And did you receive advance premium tax credits throughout the year, or are you claiming the credit only at tax time?

Oh my goodness, I was in EXACTLY your situation last year! I waited FOREVER trying to get through to the IRS to ask about my delayed refund with Form 8962. I wasted HOURS on hold only to get disconnected. I'm really worried about what this means for your timeline since you're counting on that money! I finally tried Claimyr (https://claimyr.com) and got through to an actual IRS agent in about 15 minutes. They confirmed my return was just in the verification queue because of the Premium Tax Credit form. The agent was able to give me an estimated completion date which helped me plan. I'm genuinely concerned you might face the same frustrating delays without a way to get answers.

Let me tell you a little cautionary tale about Form 8962... Last year I forgot to include it even though I had marketplace insurance. My return got stuck in limbo for 11 weeks! 😬 The IRS eventually sent me a letter requesting the missing form, and once I sent it in, it took another 3 weeks to process. Don't make my mistake - include everything the first time! The Premium Tax Credit reconciliation is one of those things the IRS actually checks pretty carefully.

I'm in a similar situation and was very concerned about delays... I tried using https://taxr.ai to analyze my transcript after filing with Form 8962. It helped me understand what was happening with my return. The tool explained that my return was in the verification phase specifically because of the Premium Tax Credit reconciliation. I think you should be prepared for some possible delays, as the IRS seems to be taking extra time with healthcare-related forms this season.

Here's what you need to know about Form 8962 and processing times: • Yes, it does typically delay processing • Average delay is 1-3 weeks longer than standard returns • Returns with APTC reconciliation get extra verification • If numbers match between your form and marketplace data = faster processing • If discrepancies exist = longer review I'm skeptical when people claim there are easy solutions to speed this up. The reality is that marketplace insurance returns just take longer to process. Budget accordingly and don't count on that money being available on the standard timeline.

Ugh, Form 8962 is def a delay trigger. Filed mine on Feb 1st and STILL waiting for my refund. WMR just says "still processing" and my transcript has that annoying 570 code. IMO the healthcare verification adds at least 2-3 weeks to processing time. TBH I wish I'd known this before counting on my refund for March expenses.

I filed with Form 8962 on January 24th (first day of filing season) and received my refund on February 21st. This was approximately 28 days for processing compared to the standard 21-day timeframe. The APTC reconciliation process does trigger additional verification procedures as the IRS must cross-reference your 1095-A data with information received from the Health Insurance Marketplace. My transcript showed Transaction Code 970 (verification of non-filer) followed by TC 571 (resolved account freeze) before the 846 refund issued code appeared.

Has anyone here had Form 8962 delay their refund for more than a month? I'm in the same situation and wondering what the worst-case scenario might be...