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DEPARTMENT OF VETERANS AFFAIRSRIGHTS OF VA LOAN BORROWERS (IMPORTANT NOTICE) You have certain basic rights as a VA loan borrower that you should know about. These include: Assumable Loan. For all
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You have certain basic refers to the minimum essential coverage that an individual must have under the Affordable Care Act.
Every individual is required to have certain basic coverage and must report it on their tax return.
You can report your certain basic coverage by filling out Form 1095-A, Form 1095-B, or Form 1095-C, depending on the type of coverage you have.
The purpose of having certain basic coverage is to ensure that individuals have access to essential health benefits and to avoid the penalty for not having coverage.
You must report the type of coverage you have, the period it was in effect, and the names and Social Security numbers of individuals covered.
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