Don’t miss the deadline to file 2016 taxes & report your well being protection!
Revealed on April 13, 2017
The April 18 tax submitting deadline is lower than one week away. Regardless of in case you acquired your well being protection by the Market, your job, or one other supply, you need to report your 2016 protection standing to the IRS while you file.
If you happen to had a 2016 Market plan with premium tax credit
- It's best to have obtained 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 your medical insurance tax credit score in your return. If you happen to used much less premium tax credit score than you qualify for, you will get the distinction as a credit score. If you happen to used extra, you’ll pay the distinction along with your federal taxes.
- If you happen to don’t file a 2016 tax return and reconcile, you can lose any advance funds of the premium tax credit score starting in 2018.