Revealed on March 21, 2019
When you had a Market plan and used to decrease your month-to-month cost, you’ll must “reconcile” while you file your 2018 taxes.
Step 1: Examine Type 1095-A for accuracy
Additionally, test your by taking a look at Half III, Column B of your 1095-A, titled “Month-to-month second lowest-cost Silver Plan (SLCSP) premium.”
The SLCSP premium is inaccurate if:
- Half III, Column B has a “0” or is clean for any month somebody in your family had the Market plan.
- You had modifications in your family that you simply didn’t report in your Market utility — like having a child, transferring, getting married or divorced, or shedding a dependent.
If both state of affairs applies to you, use our tax software to get your appropriate SLCSP premium.
Step 2: “Reconcile” your 2018 taxes
Now that you’ve got made positive your SLCSP premium is appropriate and your protection and family data is correct, you’re able to file.
