Printed on March 21, 2019
In case you had a Market plan and used
to decrease your month-to-month fee, you’ll need to “reconcile” whenever you file your 2018 taxes.
Step 1: Test Kind 1095-A for accuracy
Additionally, verify your
by taking a look at Half III, Column B of your 1095-A, titled “Month-to-month second lowest-cost Silver Plan (SLCSP) premium.”
The SLCSP premium is wrong if:
- Half III, Column B has a “0” or is clean for any month somebody in your family had the Market plan.
- You had modifications in your family that you simply didn’t report in your Market software — like having a child, shifting, getting married or divorced, or dropping a dependent.
If both state of affairs applies to you, use our tax software to get your appropriate SLCSP premium.
Step 2: “Reconcile” your 2018 taxes
Now that you have made positive your SLCSP premium is appropriate and your protection and family info is correct, you’re able to file.