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2017Department of the Treasury
Internal Revenue ServiceInstructions for Form 8885
Health Coverage Tax Credit
Section references are to the Internal Revenue
Code unless otherwise noted. Future Developments
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How to fill out instructions for form 8885
How to fill out instructions for form 8885
01
To fill out the instructions for form 8885, follow these steps:
02
Start by reading through the instructions provided with form 8885.
03
Understand the purpose and requirements of filing form 8885.
04
Gather all the necessary information and documentation needed to complete the form.
05
Ensure that you have accurately calculated and recorded any health coverage tax credit amounts.
06
Carefully review and complete all the sections of the form, including your personal information, tax year, and other applicable details.
07
Double-check your entries for accuracy and make any necessary corrections.
08
Sign and date the form.
09
Attach any required supporting documents.
10
Make a copy of the completed form for your records.
11
Submit the form to the appropriate tax authority by the specified deadline.
Who needs instructions for form 8885?
01
Anyone who is eligible for the health coverage tax credit and wishes to claim it on their tax return needs instructions for form 8885.
02
Individuals who have paid for qualified health insurance coverage through a Trade Adjustment Assistance (TAA) program, as well as recipients of pension benefit payments from the Pension Benefit Guaranty Corporation (PBGC), may need to file form 8885.
03
Additionally, those who have received payments from the Department of Labor (DOL) under the Trade Adjustment Assistance Reform Act of 2002 (TRA), with a properly issued certificate of eligibility, may also require instructions for form 8885.
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