The April 18 tax submitting deadline is lower than one week away. Regardless of in the event you acquired your well being protection by means of the Market, your job, or one other supply, you could report your 2016 protection standing to the IRS once you file.
Picture
When you had a 2016 Market plan with premium tax credit
- It is best to have acquired tax Type 1095-A, Well being Insurance coverage Market® Assertion within the mail. You too can get this way in your on-line Market account. See how you can discover it.
- Use your Type 1095-A to “reconcile” your medical health insurance tax credit score in your return. When you used much less premium tax credit score than you qualify for, you may get the distinction as a credit score. When you used extra, you’ll pay the distinction along with your federal taxes.
- When you don’t file a 2016 tax return and reconcile, you can lose any advance funds of the premium tax credit score starting in 2018.
Want tax assist?
- Discover out the place to get free volunteer tax assist.
- Be taught in regards to the IRS Free File and associated companies.
- Discover a tax software program program that will help you put together your taxes.