What counts as health insurance on my tax return (and what are 1095-A/1095-B/1095-C forms)?

Since 2019, the IRS no longer requires an individual to submit proof of health insurance coverage and will no longer charge a penalty for those without coverage. However, you may receive a 1095-A (which is a Health Insurance Marketplace statement) if you have a plan covered by minimum essential coverage as set up via the Affordable Care Act. 

If you receive form 1095-A, you may be eligible for the Premium Tax Credit (PTC) which helps eligible individuals and families cover the premiums for their health insurance purchased through the Health Insurance Marketplace.

Additionally, you may have received either a 1095-B or 1095-C. These are both optional forms that are not required by the IRS.

While the IRS no longer requires proof of health insurance coverage, the following states and jurisdictions do: New Jersey, Vermont, California, Rhode Island, Massachusetts, and Washington, D.C. If you want more information on if your state requires coverage, you can contact your state or review their website here.

This content is provided for informational purposes only and should not be construed as tax, legal, financial, accounting, or other advice. Rules and regulations vary by location and are subject to change, so please consult with an expert if you need advice specific to you.

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