Health coverage and your federal income taxes

How health coverage affects your 2014 federal income tax return

Your 2014 health coverage may affect your income taxes.

  • You’ll provide additional information when you file your 2014 federal income tax return
  • You may have to complete one or two new tax forms
  • You may have to use one or two tax tools to find 2014 Bronze or Silver premiums to complete your tax return
  • If you didn’t have 2014 health coverage, you may have to get a health coverage exemption or pay a fee with your tax return.

If you had 2014 health coverage through the Health Insurance Marketplace

If anyone in your household enrolled in a health plan through the Health Insurance Marketplace in 2014:

  • You should’ve received a Form 1095-A — Health Insurance Marketplace Statement to help file your 2014 federal income tax return.
  • Learn more about Form 1095-A and your taxes, including what to do if you didn’t get your 1095-A or had errors.

If you had 2014 health coverage from another source

If you had health coverage from another source, like a job, Medicare, Medicaid, or a plan you bought outside the Marketplace:

  • You’ll report this simply by checking a box on your 2014 federal income tax form
  • You won’t have to fill out any additional tax forms
  • You shouldn’t have received a Form 1095-A

Learn more about your taxes if you had 2014 health coverage from another source.

If you didn’t have 2014 health coverage

If you didn’t have health coverage for 3 months or more in 2014, one of these will apply to you:

  • You’ll qualify for a health coverage exemption.
  • You’ll pay a fee when you file your 2014 federal income tax return.

Learn more about exemptions and fees if you didn’t have health coverage in 2014.

Watch this video for 3 tips about Marketplace coverage and your taxes.

Get forms and guides for health care taxes

2014 Tax forms you may need:

More information:

Want to make changes for 2015 based on your 2014 tax experience?

You may want to take action for 2015 to make tax filing easier next year.

If you took too much or too little advance payment of your premium tax credit

If you took too much or too little advance payment of your premium tax credit and you had to pay back the difference on your tax return, or you got a big credit:

  • Update your 2015 Marketplace coverage application to make sure it includes your best estimate of your income for the year and see if your tax credit has changed. Also update any household information you haven’t already reported to the Marketplace. See how to update your account and your 2015 application now.
  • You can change how much of your premium tax credit you take in advance for 2015 to make sure it’s not too high or too low.
If you need to remove someone from your coverage for 2015

Learn how to remove someone from your 2015 plan if they got coverage outside the Marketplace.