The IRS released a series of questions and answers addressing the new 1095 Forms that individuals will receive over the next few months. The information is intended to help recipients understand the new forms and what should be done with them.
The guidance describes Forms 1095-A, B and C and explains that individuals may receive (by mail) one or more forms in the first half of 2016 providing information about health care coverage the individual had or was offered during 2015. It clarifies that individuals with employer-provided health coverage should not wait for Forms 1095-B or 1095-C before filing their 2015 income tax return because the forms are not required to be attached to a Form 1040 filing.
It explains that someone with coverage from more than one provider or someone who worked at multiple employers during the year may get more than one form.
Information about claiming a premium tax credit for Marketplace coverage is also addressed. A copy of the guidance can be found here.
