Shortcut Navigation:

Question for the Money Doctors

Question submitted on May 5, 2020.

Question

Are you eligible to take the 2019 health coverage tax credit, using IRS form 8885, if you pay monthly premiums for individual health care and receive a 1095-B?

Answer

You must receive a form 1095-A to be able to claim the Premium Tax Credit, not a 1095-B form. See IRS Guidance. 


For additional information visit //www.360financialliteracy.org/

close