Your health coverage through the Health Insurance Marketplace may affect your taxes:
• If anyone in your household enrolled in a health plan through the Marketplace in 2014, you’ll need some new information when you file your federal income taxes.
• If you didn’t have health coverage for 3 or more months in 2014, you can apply for an exemption or you might have to pay a fee. Learn more at HealthCare.gov.
TIP #1: Watch your mail for Form 1095-A. It will help you file your 2014 federal taxes.
TIP #2: Your final premium tax credit for 2014 will be computed with your federal income tax return.
TIP #3: If you didn’t have health coverage for part of 2014, use Form 8965.
Source: Health Insurance Marketplace
