Content Comparison

Form 1095-A, Health Insurance Marketplace Statement

• The Health Insurance Marketplaces issue Form 1095-A to the IRS and to individuals who were enrolled in a qualified health plan through a Health Insurance Marketplace.

• Form 1095-A allows individuals to take the Premium Tax Credit (PTC), reconcile advance payments of the PTC, and file their tax returns accurately. 

• Taxpayers who enroll in a Health Insurance Marketplace plan agree to file a tax return if receiving advance PTC, regardless of income, in order to reconcile their Premium Tax Credit.

• Failure to claim Form 1095-A when an individual on the return is enrolled in a Health Insurance Marketplace plan, will result in the return being rejected, or a letter being issued after filing indicating that the 1095-A must be included on the tax return.

• In a typical year with no extensions, Form 1095-A is typically issued to taxpayers in early February.

• Form 1095-A will be mailed to the taxpayers address on file with the Marketplace. Form 1095-A is also available in the taxpayers online Marketplace account.

• Taxpayers who have questions about the amounts on their Form 1095-A should contact their individual Marketplace.

• In situations where someone claimed on the return has Marketplace Insurance, and the policy is shared with another individual or individuals not on the tax return, a Shared Policy Allocation must be completed.

• In addition some taxpayers may need to complete Part 3, if claiming a dependent whose income was greater than the filing threshold for the tax year or Part 5, if the taxpayer married after January 1st.