As you prepare your taxes for 2014, there is a new IRS Form 1095-A that will enable you to complete Form 8962 that shows whether or not you had health insurance in 2014. If you werent insured, youll pay a tax penalty unless you can prove an exemption. If you applied through CoveredCA and received too much in premium assistance, you may pay some or all of it back. If you received too little, you may get an additional tax refund. irs.gov/pub/irs-pdf/f8962.pdf I hope you find this information helpful! NOTE that the penalty DOUBLES in 2015, so its very important you are insured. Call 818-620-8171 for free help
Posted on: Tue, 13 Jan 2015 00:36:47 +0000
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