fbpx

Health insurance and taxes | HealthCare.gov


Published on February 23, 2023

If you had Marketplace coverage at any point in 2022, or got premium tax credits last year, here’s what you need to know about filing your federal taxes.

  1. Keep your Form 1095-A in a safe place
  2. Check that your Form 1095-A is correct
    • Make sure your household and coverage information, the “” amount, and the monthly premium are correct.
    • If you find a mistake, contact the Marketplace Call Center. We’ll send you an updated form to file.
  3. “Reconcile” with your correct Form 1095-A
    • Use the information from your correct Form 1095-A to complete Part II of Form 8962 (PDF, 110 KB). 
    • Get details on how to “reconcile”. 
    • If there’s a difference between the amount of premium tax credit you used during the year and the amount you actually qualify for, it will impact your refund or the amount of taxes you owe.



Source link

Daily Dose of Insights

Get a daily infusion of knowledge with our latest blog updates.

We don’t spam! Read our privacy policy for more info.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Despite a Negative Chest X-Ray, Majority of Patients Prescribed Antibiotics for Pneumonia

Image credit: Umanoide UnsplashA new study published in the Annals of Family Medicine shows that even when...

Italian Sausage Casserole | The Recipe Critic

This website may contain affiliate links and advertising so that we can provide recipes to you. Read...

Two More Dairy Workers Infected with H5N1 in California from Raw Milk

Image explaining how H5N1 can be transmitted from cow to human. Image credit: CDCCalifornia health officials issued...

Little Debbie Christmas Tree Trifle

This website may contain affiliate links and advertising so that we can provide recipes to you. Read...