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Nov 20, 2020Health Coverage Tax Credit (Form 8885)
If you and your family are paying premiums for qualified health insurance programs, you may be eligible for this credit. This credit is available from 2002 to 2013 and extended to 2021. The Health Coverage Tax Credit (HCTC) is a tax credit for taxpayers who are at least 55 to 65 years of age, who […]
adminNov 6, 2020Reporting your Health Care Coverage
When filing your tax return, you do not need to send the IRS your health care documents. However, you should keep all of your documents to ensure you are reporting your health insurance coverage accurately. This includes: There are three health insurance forms Form 1095-A (Health Insurance Marketplace Statement) When you purchase health insurance through […]
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