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Friday, September 22, 2023

Medical health insurance and taxes | HealthCare.gov

Printed on February 23, 2023

If you happen to had Market protection at any level in 2022, or obtained premium tax credit final yr, right here’s what that you must learn about submitting your federal taxes.

  1. Maintain your Type 1095-A in a secure place
  2. Test that your Type 1095-A is right
    • Be certain that your family and protection info, the “” quantity, and the month-to-month premium are right.
    • If you happen to discover a mistake, contact the Market Name Heart. We’ll ship you an up to date type to file.
  3. “Reconcile” along with your right Type 1095-A
    • Use the data out of your right Type 1095-A to finish Half II of Type 8962 (PDF, 110 KB). 
    • Get particulars on learn how to “reconcile”
    • If there’s a distinction between the quantity of premium tax credit score you used through the yr and the quantity you truly qualify for, it should influence your refund or the quantity of taxes you owe.

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