Our records show that you have not yet filed a 2014 tax return to reconcile advance payments of the Premium Tax Credit. Even if you have an extension, you should file a return as soon as possible; otherwise you will not be eligible for financial assistance for Marketplace health insurance coverage in 2016.
What you need to do
- Read your letter carefully.
- Review the situation to see if you agree with the information in the letter.
- File your 2014 tax return with Form 8962 as soon as possible, even though you have an extension until October 15, 2015, to file.
- Use the Form 1095-A that you received from your Marketplace to complete Form 8962. If you need a copy of your Form 1095-A, log in to your HealthCare.gov or state Marketplace account or call your Marketplace call center.
- If you have already filed your 2014 tax return with Form 8962, please disregard this letter.
You may want to...
- Visit IRS.gov/aca for more information on filing a 2014 tax return with Form 8962.
- File electronically to ensure you file a complete and accurate tax return.
- Visit IRS.gov/filing for more information about electronic filing options, or call us at 1-866-682-7451, extension 569.
Answers to Common Questions
What is the Premium Tax Credit?
If you, your spouse, or any dependent you can claim on your tax return enrolled in 2014 health insurance coverage through the Health Insurance Marketplace, you may be eligible for the premium tax credit. This tax credit helps make health insurance coverage more affordable for people with moderate incomes.
What is the Form 1095A?
You receive a Form 1095-A when you or a family member enroll in health insurance coverage through the Health Insurance Marketplace. Form 1095-A provides the information you need to complete Form 8962, Premium Tax Credit. If you or your family members enrolled in the Marketplace in more than one qualified health plan policy, you will receive a Form 1095-A for each policy. If you receive a Form 1095A, check the information on the form carefully. Please contact your Marketplace if you have questions about its accuracy.
What happens if I received advance payments of the Premium Tax Credit and don’t file a tax return?
You will not be eligible for advance payments of the premium tax credit or cost-sharing reductions to help pay for your Marketplace health insurance coverage in 2016. This means you will be responsible for the full cost of your monthly premiums and all covered services. In addition, the IRS may contact you to pay back some or all of the advance payments of the premium tax credit.
Tax publications you may find useful
- Publication 1, Your Rights as a Taxpayer (PDF)
- Form 8716, Election To Have a Tax Year Other Than a Required Tax Year (PDF)
- Form W-7A Application for Taxpayer Identification Number for Pending U.S. Adoptions (PDF)
- Form W-7 SP Solicitud de Número de Identificación Personal del Contribuyente del Servicio de Impuestos Internos (SP)(PDF)
- Full list of tax forms and instructions
How to get help
- Call the 866 number listed on the top right corner of your letter.
- Authorize someone (such as an accountant) to contact the IRS on your behalf using Form 2848, Power of Attorney and Declaration of Representative (PDF).
- See if you qualify for help from a Low Income Taxpayer Clinic.