Do You Need Your Health Insurance Form To File Taxes
You ll use this form to reconcile to find out if you used more or less premium tax credit than you qualify for.
Do you need your health insurance form to file taxes. You only file form 1095 a with your 2019 tax return. Received a form 1095 a health insurance marketplace statement and did not receive advance payments of the credit. Therefore you are automatically exempt from the shared responsibility payment. The 1095 a form is a tax form designed specifically for people who buy health insurance on the individual marketplaces whether it s state federal or a private site like ehealth.
Must file a tax return and reconcile the advance payments with the amount of the premium tax credit allowed on your return. 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. If your income is below the tax return filing requirements you do not need to file a tax return to only report your coverage or claim the exemption. You are no longer required to report your health insurance on your return unless you or a family member were enrolled in health insurance through the marketplace and advance payments of the premium tax credit were made to your insurance company to reduce your monthly premium payment.
Will use the form to determine if you are eligible for the premium tax credit. You need not make a shared responsibility payment or file form 8965 health coverage exemptions with your tax return if you don t have minimum essential coverage for part or all of 2019.