Your 2014 health coverage may affect your income taxes.
- You’ll provide additional information when you file your 2014 federal income tax return
- You may have to complete one or two new tax forms
- You may have to use one or two tax tools to find 2014 Bronze or Silver premiums to complete your tax return
- If you didn’t have 2014 health coverage, you may have to get a health coverage exemption or pay a fee with your tax return.
If you had 2014 health coverage through the Health Insurance Marketplace
If anyone in your household enrolled in a health plan through the Health Insurance Marketplace in 2014:
- You’ll get a new Form 1095-A — Health Insurance Marketplace Statement.
- You’ll need Form 1095-A to file your 2014 federal income tax return. Learn more about Form 1095-A and your taxes, including what to do if you didn’t get your 1095-A.
If you had 2014 health coverage from another source
If you had health coverage from another source, like a job, Medicare, Medicaid, or a plan you bought outside the Marketplace:
- You’ll report this simply by checking a box on your federal income tax form
- You won’t have to fill out any additional tax forms
- You won’t get a Form 1095-A
Learn more about your taxes if you had 2014 health coverage from another source.
If you didn’t have 2014 health coverage
If you didn’t have health coverage for 3 months or more in 2014, one of the following will apply to you:
- You’ll qualify for a health coverage exemption.
- You’ll pay a fee when you file your 2014 federal income tax return.
Learn more about exemptions and fees if you didn’t have health coverage in 2014.
Watch this video for 3 tips about Marketplace coverage and your taxes.
Get forms and guides for health care taxes
Tax forms you may need:
- Form 8962—Premium Tax Credit (PDF)
- 8962 instructions (PDF)
- Form 8965—Health Coverage Exemptions (PDF)
- 8965 instructions (PDF)
- At a glance: The health care law and your taxes. This quick chart from the IRS shows what you need to do based on your particular situation.
- Taxes and the health care law for individuals and families from the IRS (PDF). This document contains detailed information about premium tax credits, exemptions, and links to the new Forms 8962 and 8965.
- 3 tips about health coverage and your taxes (PDF)
- No Health Coverage? What that means for your taxes (PDF)
Want to make changes for 2015 based on your 2014 tax experience?
You may want to take action for 2015 to make tax filing easier next year.