Tax Form 8880 Fill in and Calculate Online

Form 8880: Premium Tax Credit (PTC)

Use Tax Form 8880: Premium Tax Credit (PTC) as a stand alone tax form calculator to quickly calculate specific amounts for your 2024 tax return. Alternatively you can use one of our Combined Federal and State Tax Estimator to quickly calculate your salary, tax and take home pay.

Premium Tax Credit (PTC)
Name(s) shown on return						Your social security number
⚠ You cannot take this credit if either of the following applies. • The amount on Form 1040, line 38; Form 1040A, line 22; or Form 1040NR, line 37 is more than $30750 ($46125 if head of household; $61500 if married filing jointly). • The person(s) who made the qualified contribution or elective deferral (a) was born after January 1, 1999, (b) is claimed as a dependent on someone else’s 2016 tax return, or (c) was a student (see instructions).
					(a) You		(b) Your spouse
1	Traditional and Roth IRA (including myRA) contributions for 2016. Do not include rollover contributions				1
2	Elective deferrals to a 401(k) or other qualified employer plan, voluntary employee contributions, and 501(c)(18)(D) plan contributions for 2016 (see instructions)				2
3	Add lines 1 and 2				3
4	Certain distributions received after 2013 and before the due date (including extensions) of your 2016 tax return (see instructions). If married filing jointly, include both spouses’ amounts in both columns. See instructions for an exception				4
5	Subtract line 4 from line 3. If zero or less, enter -0-				5
6	In each column, enter the smaller of line 5 or $2000				6
7	Add the amounts on line 6. If zero, stop; you cannot take this credit						7
8	Enter the amount from Form 1040, line 38*; Form 1040A, line 22; or Form 1040NR, line 37				8
9	Enter the applicable decimal amount shown below:						9	X.
	If line 8 is—		And your filing status is—
	Over—	But not over—	Married filing jointly	Head of household	Single, Married filing separately, or Qualifying widow(er)
			Enter on line 9 ▸
	--- $18500 $20000 $27750 $30000 $30750 $37000 $40000 $46125 $61500	$18500 $20000 $27750 $30000 $30750 $37000 $40000 $46125 $61500 ---	0.5 0.5 0.5 0.5 0.5 0.5 0.2 0.1 0.1 0	0.5 0.5 0.5 0.2 0.1 0.1 0.1 0.1 0 0	0.5 0.2 0.1 0.1 0.1 0 0 0 0 0
10	Multiply line 7 by line 9						10
11	Limitation based on tax liability. Enter the amount from the Credit Limit Worksheet in the instructions						11
12	Credit for qualified retirement savings contributions. Enter the smaller of line 10 or line 11 here and on Form 1040, line 51; Form 1040A, line 34; or Form 1040NR, line 48						12

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