PPACA Tax Forms Are Are In The Mail

Tax Forms Are In The Mail

For those who qualified for Advanced Premium Tax Credits (APTC) in the Marketplace

Health and Human Services (HHS) began mailing tax forms to people who qualified in a Federally Facilitated Marketplace (FFM) and purchased coverage through Healthcare.gov for 2014.  Form 1095-A provides financial details of premium tax credits received for 2014, that will be used by US Taxpayers when filing their 2014 Individual income tax returns.  Any individual receiving these premium tax credits will be required to do a reconciliation via Form 8962 – where they may find out that a much anticipated tax refund could end up being a tax bill.

Please feel free to contact me with questions at:  michelle@BuyHealthInsuranceHere.com