The Premium Tax Credit is a credit that helps pay the cost of health care coverage through the Health Insurance Marketplace. All the following are true, EXCEPT: Form 8962, Premium Tax Credit, calculates the taxpayer's Premium Tax Credit and reconciles it with any Advance Premium Tax Credit (APTC) received. Taxpayers are not required to reconcile the Premium Tax Credit. The Premium Tax Credit is either advanced to the taxpayer or refunded through their income tax return as a refundable credit. The tax household includes the taxpayer, spouse, and anyone who is claimed as a dependent on the tax return