Healthcare Premium Credits and Penalties

REMEMBER bring Form 1095-A if you purchased health insurance through the State market exchange.

You will need to know the Adjusted Gross Income of anyone you claim as a dependent to figure the credit. It is best to arrange an appointment to complete your family’s tax returns in the same setting.

If you received a credit toward the payment of Healthcare Premiums last year you will need to bring your Form 1095-A and reconcile the credit you obtained for your estimated income with the credit you should have received for your actual income. Failure to do so will result in a delay of the processing of your tax return.

The tax penalty no longer applies for tax years 2019 and beyond.

10% Off

for all personal tax returns completed before March 9.