Veteran Health Insurance Form Taxes
You ll use this form to reconcile to find out if you used more or less premium tax credit than you qualify for.
Veteran health insurance form taxes. You should have received a form 1095 b health coverage from va. The va will also provide irs form 1095 b to the internal revenue service for every veteran who received health care coverage through va in calendar year 2017 as required by law. They can get coverage through the health insurance marketplace. Form 8962 premium tax credit 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.
Please keep irs form 1095 b for your records. You will need this form to complete and report your coverage on your 2017 income tax return. You can report your va health coverage simply by checking a box on your federal income tax form. Beginning in 2016 health care providers were required by law to report to the irs coverage provided to enrollees and beneficiaries the previous calendar year.
If you re a veteran enrolled in or are a beneficiary of a va health care program you may have dependents who aren t eligible for a va health care program. Beginning in tax year 2019 form 1040 will not have the full year health care coverage or exempt box and form 8965 health coverage exemptions will no longer be used. If you have a form 1095 b or 1095 c that shows you and your dependents had health insurance for the entire year simply check the appropriate box on form 1040 1040a or 1040ez when you file your. If you have other forms of health care coverage like a private insurance plan medicare medicaid or tricare you can use va health care benefits along with these plans.
Depending on household size and income they may get lower costs on monthly premiums or out of pocket costs. 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. You ll use information from your 1095 a to fill out form 8962 premium tax credit pdf. This is how you ll reconcile find out if there s any difference between the premium tax credit you used and the amount you qualify for.
All you need to do is tell turbotax that you did have health insurance all year.