What Is a 1095-A Tax Form?

 

If you enrolled in coverage through the Health Insurance Marketplace last year, you’ll need Form 1095-A to prepare your taxes this year. 

But what is a 1095-A tax form? It’s a document that tells you:

  • The amount of advance payments of the premium tax credit you received
  • Your health coverage by month
  • Other information about your health insurance

The IRS Form 1095-A is necessary to see if you got too much or too little of the advance premium tax credit. You can use the form to compare the amount of premium tax credit you used in advance during the year and the premium tax credit you qualify for based on your income for the year. The difference between these two numbers will affect your refund or tax owed. This process is called reconciliation.

What’s on a 1095-A tax form? There are three parts of the Form 1095-A: 

  • Recipient information — This gives basic info about you (and spouse, if applicable), the policy issuer, and the dates of your insurance policy.
  • Coverage household — This gives info on all members of the household covered by your insurance (Ex: Name, date of birth, coverage start and end date).
  • Household information — This gives info about the premium tax credit, including monthly premium amounts for your plan, benchmark plan, and monthly premium tax credit advances

To get help reconciling your Advance Premium Tax Credit, make an appointment with one of our tax professionals. Remember to bring your IRS Form 1095-A.

How to Get a 1095-A Form Online

You should receive your Form 1095-A in the mail by mid-February. You might also be able to get your 1095-A form online through your HealthCare.gov account by mid-January.

If you don’t receive the form or it’s incorrect, contact your Marketplace call center. 

And don’t forget to read our guide on 1095 forms

Related Topics

Related Resources

Top IRS Audit Triggers: Nine Tax Mistakes to Avoid

What triggers the IRS to audit a tax return? Learn how common tax mistakes and errors can be a red flag and affect your chances of being audited by the IRS.

What are the current tax rates?

Find the current percentages for federal income tax rates, capital gains tax rates, Social Security tax rates and more from the tax experts at H&R Block.

The Complete Guide to the W-2 Form

The key to understanding your w-2 form is decoding the boxes and numbers. Learn how to read your w-2 form with this box-by-box infographic from H&R Block.

Form 8863

The tax experts at H&R Block outline how students and parents can file Form 8863 and document qualified expenses. Read about Form 8863 here.