3/8/2023 0 Comments 1095 c 2017 taxes turbotaxIf you or a family member enrolled in healthcare coverage at any time in this tax year, you will receive a Form 1095 from the entity that provided the coverage. Tax return and/or to help determine your eligibility for a premium tax credit. Think of the form as your “proof of insurance” for the IRS. Information from the form may be referenced when filing your The Form 1095-C contains important information about the healthcare coverage offered or provided to you by your employer. Whether or not you owe taxes, the IRS will use the information reported from your Form 1095-C to determine whether you (or your employer) may have to pay a fine for failing to comply with the Affordable Care Act. ![]() Much like the Form W-2 is used to determine ![]() The employer mandate requires employers with 50 or more full-time equivalent employees to offer healthcare coverage to their full-time employees or potentially face a fine. ![]() The individual mandate requires that most Americans have qualifying healthcare coverage or potentiallyįace a fine. The Affordable Care Act, or Obamacare, includes both the individual mandate and the employer mandate.
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