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Printed on January 25, 2024
Did somebody in your family have a Market plan in 2023? Once you file your taxes, you’ll want Type 1095-A, Well being Insurance coverage Market® Assertion. This manner comes from the Market, not the IRS.
1. Discover your kind
2. Verify your kind
Is it appropriate? It ought to embrace details about any Market plans that members of your family had final yr.
3. Use your kind
If it’s correct, use the data in your 1095-A kind to “reconcile”any premium tax credit score you or your family certified for or used. To reconcile, you examine two quantities: the premium tax credit score you used upfront throughout the yr; and the quantity of tax credit score you qualify for based mostly in your closing revenue.
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