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Health insurance and your taxes

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Revealed on February 22, 2024

In the event you had Market protection at any level in 2023 and obtained the , right here’s what it’s good to find out about submitting your federal taxes. 

Maintain your Type 1095-A in a protected place 

This way has necessary details about the Market plans your family had in 2023. 

Examine that your Type 1095-A is right 

  • Ensure that your family and protection data, the “second lowest value Silver Plan” quantity, and the month-to-month premium are right. 
  • In the event you discover a mistake, contact the Market Name Heart. 

“Reconcile” along with your Type 1095-A 

In the event you certified for or used the premium tax credit score to decrease your Market plan premium: 

  • Use the knowledge out of your Type 1095-A to finish Part II of Form 8962 (PDF, 110 KB). 
  • If there’s a distinction between the quantity of the premium tax credit score you used throughout the yr and the quantity you really qualify for, it can impression your refund or the quantity of taxes you owe. 
  • You’ll embody Type 8962 along with your federal tax return. Get particulars on find out how to reconcile.

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