Bronze Supporter
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"What is a 1095-A?
You will get a 1095-A form every year you are enrolled in a Qualified Health Plan. This form shows how much financial support was applied to your plan the year before. You will get a 1095-A for each plan you were enrolled in. Tax forms are sent in late January.
Your 1095-A form is needed to complete Form 8962 on your federal income tax return. You must file a federal income tax return with Form 8962 if you used tax credits to lower your health plan's premium. If you do not you may lose your tax credits or have to pay some of them back."
Very long story but when my wife could no longer work, previous employer terminated her. We had to rush to find health ins for her. We were pointed to Washington healthplanfinder. We were eligible and signed up. They did not explain how tax credits worked and now when we did taxes for this year, we are screwed.
I thought I'd ask here first. Is there anyone here who has experience in HC tax credits? Any help appreciated.
You will get a 1095-A form every year you are enrolled in a Qualified Health Plan. This form shows how much financial support was applied to your plan the year before. You will get a 1095-A for each plan you were enrolled in. Tax forms are sent in late January.
Your 1095-A form is needed to complete Form 8962 on your federal income tax return. You must file a federal income tax return with Form 8962 if you used tax credits to lower your health plan's premium. If you do not you may lose your tax credits or have to pay some of them back."
Very long story but when my wife could no longer work, previous employer terminated her. We had to rush to find health ins for her. We were pointed to Washington healthplanfinder. We were eligible and signed up. They did not explain how tax credits worked and now when we did taxes for this year, we are screwed.
I thought I'd ask here first. Is there anyone here who has experience in HC tax credits? Any help appreciated.