Form 1095-A — Health Insurance Marketplace Statement

Think of Form 1095-A like a special report card for your health insurance. If you got your health insurance through the Health Insurance Marketplace (sometimes called the exchange) that was set up by the Affordable Care Act, then this form is for you. It tells you and the tax office important details about the health insurance plan you had during the year. This form helps make sure you get the right tax help.

The form shows how much you paid each month for your health insurance. It also tells you if the government helped you pay for some of that insurance through something called a "premium tax credit." This credit is like a discount that helps make your health insurance more affordable. You'll need this form when you do your taxes. When you fill out your tax return, you'll use the information from Form 1095-A to show how much health insurance cost you and how much help you received.

When you do your taxes, you'll look at the numbers on your Form 1095-A. Based on what you planned to pay and what the government actually helped with, you might get more money back, or you might need to pay back a small amount. Don't worry, the instructions with your tax forms will help you figure it out. Just remember to keep this form safe until tax time!