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This form is provided to verify that you had qualifying health coverage for part of the year. It is essential for completing your federal income tax return.
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What is form 1095-b?
Form 1095-B is a tax form used to report information to the Internal Revenue Service (IRS) about individuals who are covered by minimum essential health insurance during the tax year.
Who is required to file form 1095-b?
Form 1095-B is filed by health insurance providers, including insurance companies, government programs like Medicare, and small self-insured employers, to report coverage information for their enrollees.
How to fill out form 1095-b?
To fill out Form 1095-B, you need to provide information on the issuer, the responsible individual, and the months the individual was covered under the health plan. It requires details like names, SSNs, and coverage months.
What is the purpose of form 1095-b?
The purpose of Form 1095-B is to demonstrate compliance with the Affordable Care Act’s requirement that individuals maintain minimum essential health coverage.
What information must be reported on form 1095-b?
Form 1095-B must report the issuer's name and TIN, the responsible individual's name and SSN, and the months of coverage for each individual covered under the policy.
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