Health Marketplace Tax Form
Premium tax credits are sometimes known as subsidies discounts or savings form 8962 premium tax credit pdf form 8962 instructions pdf form 1095 a health insurance.
Health marketplace tax form. The information shown on form 1095 a helps you complete your federal individual income tax return. If you or anyone in your household enrolled in a health plan through the health insurance marketplace in 2017 you ll get form 1095 a health insurance marketplace statement. You will get this form from the marketplace not the irs.
As the form is to be completed by the marketplaces individuals cannot complete and use form 1095 a available on irs gov. You must have your 1095 a before you file. Once furnished to an individual form 1095 a can be used for filing a tax return to claim the premium tax credit or to reconcile the credit on a tax return with advance payments of the premium tax credit.
If you purchased health care insurance through the marketplace you should receive a form 1095 a health insurance marketplace statement at the beginning of the tax filing season. So now you know where to get form 1095 a. Individuals receiving a completed form 1095 a from the health insurance marketplace will use the information received on the form and the guidance in the instructions to assist them in filing an accurate tax return.
A 1095 a health insurance marketplace statement is a form you receive from the health insurance marketplace or health insurance exchange at healthcare gov if you and your family member s purchased health insurance through the marketplace for some or all of the year. It may be available in your healthcare gov account as soon as mid january. If form 1095 a shows coverage for you and everyone in your family for the entire year check the full year coverage.
Form 8962 is used to calculate the amount of premium tax credit you re eligible to claim if you paid premiums for health insurance purchased through the health insurance marketplace. If you had marketplace insurance and used premium tax credits to lower your monthly payment you must file this health insurance tax form with your federal income tax return. This form must be filled out by your insurance provider whose services are conducted via the us health insurance marketplace.
Form 1096 a health insurance marketplace statement is issued to those who had marketplace coverage during the tax year. It will be sent to you when it s time to. You ll use this form to reconcile to find out if you used more or less premium tax credit than you qualify for.