Did you may have 2016 Market protection?  3 suggestions for submitting your 2016 taxes

Did you may have 2016 Market protection? 3 suggestions for submitting your 2016 taxes

revealed on March 16, 2017

In case you had taken out Marktplaats medical insurance earlier than 2016, it’s best to have acquired taxes Type 1095-A, Well being Insurance coverage Market® Rack within the mail. It’s also possible to get hold of this type in your on-line Marktplaats account, when you’ve got one. You'll want this type to reconcile your 2016 federal earnings taxes (that’s, to search out out whether or not you used the correct quantity of premium tax credit throughout the yr). Listed here are 3 suggestions:

1. Make sure that your 1095-A is appropriate

  • Learn the directions on the again and ensure all the pieces is appropriate, together with your “Month-to-month Second Lowest Price Silver Plan (SLCSP) Premium.”
  • If you have to make corrections, please contact the Market Name Middle. We are going to ship you a corrected kind. Don’t file your taxes till you obtain an accurate 1095-A kind.

2. Make sure that Type 8962 is “reconciled”

3. Use your 1095-A to finish Type 8962

  • See our step-by-step information to learn to enter your info out of your 1095-A on Type 8962.
  • Connect your accomplished Type 8962 to your 2016 federal tax return.

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