Published on January 22, 2015
If you or anybody in your family enrolled in a well being plan by the Health Insurance Marketplace® in 2014, this tax season you’ll get a brand new Form 1095-A — Health Insurance Marketplace® Statement. You’ll get it within the mail by early February and use it to file your 2014 federal revenue tax return. Keep it with different essential tax data, like your W-2 kinds and different tax data.
When you get Form 1095-A, be certain the data matches your data. Check issues like protection begin and finish dates and the variety of individuals in your family. If you suppose something’s incorrect, contact the Marketplace Call Center.
What’s on Form 1095-A?
- Information about anybody in your family who enrolled in a well being plan by the Health Insurance Marketplace® for 2014.
- Information in regards to the month-to-month premiums you paid to your well being plan.
- The quantity of any advance funds of the premium tax credit score that had been paid to your well being plan in 2014. These are the credit that lowered what you paid in month-to-month premiums.
- The value of a “benchmark” premium that your premium tax credit score is predicated on.
You gained’t get this type if in case you have well being protection by a job or applications like Medicaid, Medicare, or the Children’s Health Insurance Program (CHIP). You could get a couple of Form 1095-A if anybody in your family switched plans in 2014 or reported life modifications. You’ll get a Form 1095-A even should you had Marketplace protection for under a part of 2014.
You can obtain copies of Form 1095-A by your Marketplace account, the place they could be out there earlier than you get your copy within the mail.
Need assist? For extra details about how well being protection will have an effect on your taxes, go to HealthCare.gov/taxes/.