Friday, February 20, 2015

Is your Form 1095-A correct?

If you enrolled in a plan through the Health Insurance Marketplace for 2014, you should’ve received an important tax statement in the mail, called Form 1095-A. This statement has information you need to fill out your 2014 federal income tax return.

Most people received a correct Form 1095-A. However, if we contact you because your Form 1095-A is incorrect, here's why. Some forms included the monthly premium amount of the second lowest cost Silver plan for 2015 instead of 2014, which needs to be corrected. The incorrect amount is listed in Part III, Column B of the Form 1095-A. We're working quickly to resolve this and any other issues with the 1095-A forms. This does not mean that your tax credit was incorrect; this is purely an error in what was printed on the form.

If your form is affected by this issue, you’ll get a call and email from us in the next few days, and you will get a message in your Marketplace account here on HealthCare.gov. Once you log in, you should select your 2014 application, and then select "Tax forms." You will see a message letting you know if your 1095-A form is being corrected. This is also where you will find your corrected form when it is completed. When the corrected form is ready, we’ll send a message to your Marketplace account. All corrected forms should be available by early March.

If your form was incorrect, please wait to file your 2014 Federal income taxes.

We encourage you to wait to file until you get your corrected Form 1095-A. If you can’t wait, and want to find the amount of the second lowest cost Silver plan that applied to your household in 2014, you have 2 options:

Already filed your taxes using the incorrect Form 1095-A?

Additional information will be provided shortly.

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