The Affordable Care Act includes the individual shared responsibility provision and the premium tax credit that may affect your tax return. 

The individual shared responsibility provision requires you, your spouse, and your dependents to have qualifying health insurance for the entire year, report a health coverage exemption, or make a payment when you file.  In addition, you may be eligible for the premium tax credit if you purchased health coverage through the Health Insurance Marketplace.

Reporting Coverage
 
  Claiming Coverage Exemptions
 

Most taxpayers already have qualifying health care coverage, and will simply check the 'Full-year health care coverage or exempt' box on the front of Form 1040.

 

Some taxpayers are exempt from the requirement to have coverage and will not need to make a shared responsibility payment.

  • Find out if you are exempt
  • If you can check the box on the front of Form 1040, you don't have to file Form 8965 to claim any coverage exemptions.
Claiming and Reconciling Premium Tax Credit
 
  Making a Shared Responsibility Payment
 

If you purchased coverage through the Health Insurance Marketplace, you may be eligible for the premium tax credit.

 

If you do not have qualifying coverage or an exemption for each month of the year, you will need to make a payment with your return.