Printed on March 16, 2017
For those who enrolled in a Market medical insurance plan for 2016, you need to have acquired tax Kind 1095-A, Well being Insurance coverage Market® Assertion within the mail. You can also get this type in your on-line Market account, you probably have one. You want this type to “reconcile” — that means to seek out out when you used the correct quantity of premium tax credit score through the yr — your federal revenue taxes for 2016. Listed below are 3 suggestions:
1. Be sure that your 1095-A is right
- Learn the directions on the again and ensure every thing is right, together with your “month-to-month second lowest value silver plan (SLCSP) premium.”
- If it’s essential make corrections, contact the Market Name Heart. We’ll ship a corrected type. Don’t file your taxes till you get an accurate 1095-A.
2. Get Kind 8962 to “reconcile”
3. Use your 1095-A to finish Kind 8962
- See our step-by-step information to discover ways to enter your data out of your 1095-A on Kind 8962.
- Embody your accomplished Kind 8962 together with your 2016 federal tax return.
