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cchinetti
New Member

Do I qualify for health insurance tax credit benefits if I enrolled through the MA Health Connector and received coverage via NHP?

 
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SDBaldie
New Member

Do I qualify for health insurance tax credit benefits if I enrolled through the MA Health Connector and received coverage via NHP?

Thanks for the extra information. I can't tell exactly from your answer, but it sounds like you were covered year round. If that's your situation, indicate that you had covered for the year on the first page of the Health Insurance section. Say "yes" on the next screen, indicate that you got an Obamacare plan, and then enter the 1095-A information for May. TurboTax will reconcile the tax credit based on what you earned. For some they get a credit, for others they pay some of the credit back. It's how the credit works. Shouldn't be too high one way or the other for you as you only had it for one month. Hope this helps!

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3 Replies
SDBaldie
New Member

Do I qualify for health insurance tax credit benefits if I enrolled through the MA Health Connector and received coverage via NHP?

Hi - did you get a 1095-A form from them?
cchinetti
New Member

Do I qualify for health insurance tax credit benefits if I enrolled through the MA Health Connector and received coverage via NHP?

I have had 4 different health insurers. For the month of May I did receive a 1095-A. However, I received coverage through COBRA for January and February. And Free Mass Health for March and April in which I received the state and federal forms required 1099-HC and 1095-B.
SDBaldie
New Member

Do I qualify for health insurance tax credit benefits if I enrolled through the MA Health Connector and received coverage via NHP?

Thanks for the extra information. I can't tell exactly from your answer, but it sounds like you were covered year round. If that's your situation, indicate that you had covered for the year on the first page of the Health Insurance section. Say "yes" on the next screen, indicate that you got an Obamacare plan, and then enter the 1095-A information for May. TurboTax will reconcile the tax credit based on what you earned. For some they get a credit, for others they pay some of the credit back. It's how the credit works. Shouldn't be too high one way or the other for you as you only had it for one month. Hope this helps!

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