Medical health insurance and your taxes

Revealed on February 22, 2024

In the event you had Market protection at any level in 2023 and received the , right here’s what you might want to find out about submitting your federal taxes. 

Hold your Kind 1095-A in a secure place 

This type has necessary Information concerning the Market plans your family had in 2023. 

Verify that your Kind 1095-A is appropriate 

  • Make certain your family and protection Information, the “second lowest value Silver Plan” quantity, and the month-to-month premium are appropriate. 
  • In the event you discover a mistake, contact the Market Name Heart. 

“Reconcile” together with your Kind 1095-A 

In the event you certified for or used the premium tax credit score to decrease your Market plan premium: 

  • Use the Information out of your Kind 1095-A to finish Part II of Form 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 will affect your refund or the quantity of taxes you owe. 
  • You’ll embrace Kind 8962 together with your federal tax return. Get particulars on methods to reconcile.


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