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What is your specific question about the 1095B? I am posting some information below regarding the 1095B below for you. If this does not answer your question, please feel free to reply back to us so we may assist you.
A 1095B is only to be kept for your records. You do not enter any fields from 1095B into TurboTax. Only 1095A gets entered.
I received the information that a 1095B is not required for usage during the filing process. My question is, how is my insurance information applied to ensure I receive credit for being insured during 2020? Or a different way to ask is, does not having a 1095A affect how my insurance information is applied?
@randharr wrote:
I received the information that a 1095B is not required for usage during the filing process. My question is, how is my insurance information applied to ensure I receive credit for being insured during 2020? Or a different way to ask is, does not having a 1095A affect how my insurance information is applied?
On a federal tax return there is no penalty for not having health insurance. Not having a Form 1095-A - if you did not have health care insurance through one of the state Marketplace Exchanges that does not affect your federal tax return in any way.
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