Form 1095-C

Form 1095-C is an annual information return that certain health insurance providers must file with the Internal Revenue Service (IRS) and with each of their covered individuals. The form reports information about the health coverage that was provided to the individual during the year.

The information on Form 1095-C is used by the IRS to verify that individuals have health insurance coverage and to determine if they are eligible for the premium tax credit. The form may also be used by individuals to claim the health insurance deduction on their federal income tax return.

Form 1095-C is required to be filed by health insurance providers that offer group health plans to their employees. The form is also required to be filed by health insurance providers that sell individual health insurance policies.

The due date for filing Form 1095-C is March 31 of the year following the year in which the health coverage was provided. The form must be filed electronically with the IRS.

Covered individuals will receive a copy of Form 1095-C from their health insurance provider by January 31 of the year following the year in which the health coverage was provided.

Form 1095-C is an important document that can have a significant impact on an individual's federal income tax liability. Individuals should carefully review their Form 1095-C to ensure that the information is correct and that they are claiming all of the tax benefits that they are entitled to.

Here are some additional details about Form 1095-C:

• The form is divided into two parts: Part I, which is for the health insurance provider, and Part II, which is for the covered individual.
• Part I of Form 1095-C includes information such as the name of the health insurance provider, the type of health plan offered, the number of covered individuals, and the total amount of premiums paid.
• Part II of Form 1095-C includes information such as the name of the covered individual, the date of birth, the Social Security number, the address, the amount of the premium tax credit, and the amount of the health insurance deduction.
• If an individual is covered by more than one health insurance plan during the year, they will receive a separate Form 1095-C from each health insurance provider.
• Individuals who do not have health insurance coverage during the year will not receive a Form 1095-C.

If you have any questions about Form 1095-C, you can contact the IRS at 1-800-829-1040.