topic 1095B in After you file

1095B

Lbaker1113 — Thu, 04 Feb 2021 00:20:37 GMT

Re: 1095B

Cass0317 — Thu, 04 Feb 2021 02:14:32 GMT

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.

Do I need to enter a 1095-B?

Re: 1095B

randharr — Thu, 11 Feb 2021 21:41:31 GMT

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?

Re: 1095B

DoninGA — Thu, 11 Feb 2021 21:45:47 GMT

@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.