Medical insurance and your taxes

Medical insurance and your taxes

printed on February 22, 2024

For those who had Market protection at any level in 2023 and obtained the , right here's what it’s worthwhile to learn about submitting your federal taxes.

Maintain your Kind 1095-A in a protected place

On this kind you’ll find essential details about the Marktplaats subscriptions that your family had in 2023.

Confirm that your Kind 1095-A is right

  • Be certain that your loved ones and protection info, the quantity of the “second lowest value Silver Plan” and the month-to-month premium are right.
  • For those who uncover an error, please contact the Market Name Middle.

“Reconcile” along with your Kind 1095-A

For those who certified for or used the premium tax credit score to cut back your Market plan premium:

  • Use the knowledge out of your Kind 1095-A to finish Half II of Kind 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 truly qualify for, it should have an effect on your refund or the quantity of taxes you owe.
  • You connect Kind 8962 to your federal tax return. See particulars on how you can tune in.

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