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Health Insurance and Your Federal Income Tax Return

Back to FAQs: Health Insurance Marketplace and the ACA

10 items

I received a Form 1095-A from the Marketplace, but I believe information on it is incorrect. What do I do?

I received a Form 1095-A from the Marketplace. What is that?

I had health insurance last year through a Marketplace plan but paid the full premium myself because I made too much to qualify for premium tax credit. When I did my taxes, my income for the year ended up being less than I expected and I may have been eligible to receive the premium tax credits. Can I still get it?

Last year I applied for financial assistance and the Marketplace determined I was eligible for premium tax credits. At the end of the year though, my total income ended up being lower than the minimum income eligibility level for tax credits. Will I have to repay the premium tax credits?

What is Form 8962?

I had health insurance last year through a Marketplace plan and also received advanced premium tax credits to reduce my monthly premium. Since the Marketplace already determined that I was eligible for the tax credit, do I still have to file a federal income tax return for the year?

I received a Form 1095-C in the mail. What’s that?

I received a Form 1095-B in the mail. What’s that?

I estimate my income next year will be very low, so I need a premium tax credit and I need to have it all paid in advance. If, by the end of the year, it turns out my annual income was even lower than I expected and I could have enrolled in Medicaid, will I have to pay back the premium subsidy?

What’s the most I would have to repay the IRS?