What Is Form 1095-A?
Form 1095-A, also known as the Health Insurance Marketplace Statement, is used to report certain information to the IRS about individuals who enroll in a qualified health plan through the Marketplace.
A completed Form 1095-A is sent to individuals who have purchased health coverage through the Marketplace during the tax year.
If you’ve received a federal subsidy—known as Premium Tax Credit (PTC)—for your healthcare plan, this will also be stated on the Form 1095-A. You can use this information to compare your premium tax credit with the amount you qualify for.
Who Needs to File Form 1095-A?
Form 1095-A is completed by health insurance providers and not individuals. You’ll receive this form when you enroll in a healthcare plan to confirm your coverage.
You only need Form 1095-A for informational purposes. You’ll need to keep the document for your records and to complete another tax form: Form 8962.
What Information Is on Form 1095-A?
Form 1095-A is split into 3 sections:
- 1. Recipient information
- 2. Covered individuals
- 3. Coverage information
You need this information to file an accurate tax return using Form 8962.
Open Form 8962 With PDFeditor
Healthcare providers can access and complete the form with ease.
Form 1095-A FAQ
You’ll need the Form 1095 that’s sent to you by your healthcare provider to file a tax return using Form 8962.
If you do not have a copy of Form 1095, you’ll need to contact your healthcare provider and request one.
If you believe there is an error on your Form 1095-A, contact your health insurance provider immediately. They can issue a corrected form if necessary.
Form 1095-A is used to fill out Form 8962 when you file your federal income taxes. Form 8962 is used to reconcile the advance premium tax credit payments made on your behalf with the amount of premium tax credit you’re eligible for based on your final annual income.
No, you do not need to attach Form 1095-A to your tax return. However, you should keep it with your tax records.