Irs Insurance Form 8965

Form 8965 is used only to claim and report coverage exemptions.

Irs insurance form 8965. Self or another member of your tax household. Complete this form if you have a marketplace granted coverage exemption or you are claiming a coverage exemption on your return. It also contains instructions for how to figure out your shared responsibility payment for any month you or another member of your tax household had neither health care coverage nor a coverage exemption. Attach form 8965 to your tax return form 1040 form 1040a or form 1040ez.

Irs form 8965 health coverage exemptions is a document used by taxpayers who either need to claim or report a coverage exemption. Form 8965 this is a form a taxpayer uses to report an exemption from owing a tax payment for not having health insurance during the year. If you are unable to check the full year coverage box on your tax return you don t need to re port the months when you and other members of your tax house. Complete this form if you have a marketplace granted coverage exemption or you are claiming a coverage exemption on your return.

1545 0074 attachment sequence no. For instructions and the latest information. Form 8965 pdf about form 8965 health coverage exemptions internal revenue service. If you qualify to check the full year health care coverage or exempt box on form 1040 you don t need to file form 8965 to report a multiple year coverage exemption.

Starting with tax year 2019 the tax cuts and jobs act removed the shared responsibility payment requirement which eliminates the mandate for health insurance for everyone. Keep in mind only taxpayers completing taxes for tax year 2018 or earlier must complete irs form 8965. Name as shown on returnyour social security number. Use form 8965 if you have a marketplace granted coverage exemption or you are claiming a coverage exemption on your return.

If you have coverage through your employer buy insurance through a marketplace or use private insurance you do not need to file form 8965. 1545 0074 attachment sequence no. Irs form 8965 health coverage exemptions is the form you file to claim an exemption to waive the penalty for not having minimum health insurance coverage. If you or another member of your tax household was granted a coverage exemption from the market place complete part i of form 8965.

For instructions and the latest information. If you or another member of your tax household is claiming a coverage exemption on your tax return complete part ii or part iii of form 8965.