What to do if your Form 1095-A is Wrong

If you enrolled in a Marketplace health insurance plan for 2015, you should have gotten Tax Form 1095-A, Health Insurance Marketplace Statement in the mail. If you have an online Marketplace account, it should be there too.

form 1095-ARead your Form 1095-A carefully and make sure the information on it is correct. If you think the form is missing information or some of the information on it is incorrect, please follow the guidelines below. 

Form 1095-A contains information about the health insurance through a Marketplace plan any member of your household had in 2015, including:

  • Premiums paid
  • Premium tax credits used
  • A figure called “second lowest cost Silver plan” (SLCSP). 

You’ll use information from Form 1095-A to fill out Form 8962, Premium Tax Credit. This is how you’ll “reconcile” — find out if there’s any difference between the premium tax credit you used and the amount you qualify for.

It is important that your Form 1095-A is correct before you file your taxes.

What to do if your Form 1095-A is incorrect:

  • Contact the Marketplace. You can call the Marketplace any day of the week, at any time. Tell them about what needs to be corrected and they send a new Form 1095-A
  • Log into your Marketplace account. If you have an online Marketplace account, you can log in and request the changes.
  • If your SLCSP premium is the only thing wrong, you don’t need to request a new form. You can just correct it by using the tool on Marketplace. Here’s the link to their tax tool https://www.healthcare.gov/tax-tool/

You don’t have your Form 1095-A yet?

You can log into your online Marketplace account and download it or call the Marketplace and request your Form 1095-A.

If you have any questions about Form 1095-A, just contact us, we’ll be happy to help you!

Disclaimer: Expriva.com, the agency and employees are not qualified and do not provide tax, legal or accounting advice. This material has been prepared as a courtesy and for informational purposes only. It is not intended to provide, and should not be relied on for, tax, legal or accounting advice. The new ACA law is complex and our objective is to make you aware of the new filing requirements for your business. Each company is different and you must consult your own tax, legal and accounting advisors before engaging in any reporting, decision or transaction involving taxes.