Required Tax Forms for Clients Enrolled in Marketplace Who Have Received Premium Tax Credits

Consumers who have enrolled in coverage through the Health Insurance Marketplace and have received payments of the premium tax credit (APTC) must use Form 1095-A to complete Form 8962 when they file their 2019 federal income taxes. These forms are intended to help consumers reconcile the total APTC they received during 2019 with the amount of premium tax credit (PTC) for which they are eligible based on their final 2019 income and household information.

According to Healthcare.gov, consumers should receive their Form 1095-A form in mail, but they can also access it directly through their Healthcare.gov account in the Tax Form section.

Agents and brokers are able to assist clients in understanding these forms, but cannot help clients file their taxes, unless the agent or broker is a licensed tax professional.

Contact your Cornerstone representative with any questions.