TurboTax HelpTurboTax HelpIntuit

What types of health insurance qualify for the Health Coverage Tax Credit?

SOLVEDby TurboTax249Updated January 06, 2022

There are several types of health insurance that qualify you for the Health Coverage Tax Credit (HCTC). However, contributions by your employer or your spouse’s employer may limit your qualification.

  • COBRA
  • Group health plan available through the employment of your spouse
  • Employee benefit plan funded by a voluntary employees’ beneficiary association (VEBA)
  • Individual health insurance plan, not including coverage through a Health Insurance Marketplace
  • State-qualified health plans established prior to January 1, 2014

Health insurance plans that don’t qualify for the credit:

  • Health Insurance Marketplace coverage for 2021
  • Flexible spending or similar arrangements and any insurance that’s purchased separately and not paid for as a comprehensive package, like dental or vision plans

For detailed eligibility information on qualified health insurance plans, follow this link.

Was this helpful?

You must sign in to vote, reply, or post
TurboTax Desktop BasicTurboTax Desktop BusinessTurboTax Desktop DeluxeTurboTax Desktop Home and BusinessTurboTax Desktop PremierTurboTax Live BasicTurboTax Live DeluxeTurboTax Live Full Service BasicTurboTax Live Full Service Complex IncomeTurboTax Live Full Service Complex Self-EmployedTurboTax Live Full Service DeluxeTurboTax Live Full Service PremierTurboTax Live Full Service Self-employedTurboTax Live PremierTurboTax Live Self-employedTurboTax Mobile Apps DeluxeTurboTax Mobile Apps FreeTurboTax Mobile Apps PremierTurboTax Mobile Apps Self-employedTurboTax Online DeluxeTurboTax Online FreeTurboTax Online PremierTurboTax Online Self-employed
Dynamic AdsDynamic Ads