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Returning Member
posted Mar 16, 2020 10:01:40 PM

New stuff with health insurance this year? (form 1095)

I'm helping to file for my relatives and have stuck on form 1095-A. In a program, at the section Deductions&Credits -> Medical, within "learn more" of the Affordable Care Act, there is a statement:

"If you received a 1095 form for your health insurance plan, we still recommend entering your health insurance info just in case you qualify for a tax credit (or to reconcile any advance payments)"

 

So, my question is: if it's "recommended", then it's not required, right?

Considering, there is no penalty for the absence of health insurance...

 

Plus, on the form itself there is a statement: "do not attach to your tax return. keep for your records"...

0 2 848
2 Replies
Alumni
Mar 17, 2020 4:28:30 AM

Was there a question about Marketplace Insurance?  A 1095A is marketplace insurance, the other types of 1095s (B and C) dont get entered in the program.

Level 15
Mar 17, 2020 6:44:41 AM

If you have a 1095-a you must enter it in the program, it is not an option.