As a reminder, once again the federal government has indicated that we do not have to wait to do our taxes until we receive this form. And, again, they have extended the deadline by which they must be received to March 2nd. The Department of Budget & Management is on target for meeting that deadline. It is recommended that you keep a copy of the 1095-C with your 2018 tax documents.
Frequently asked questions about the 1095-C
What is this form I’m receiving? A 1095 form is a little bit like a W-2 form. Your employer or insurer sends one copy to the Internal Revenue Service (IRS) and one copy to you. A W-2 form reports your annual earnings. A 1095 form reports your health care coverage throughout the year.
What am I supposed to do with this form? Keep it for your tax records. You don’t need this form to file your taxes, but when you do file, you’ll have to tell the IRS whether or not you had health insurance for each month of 2018. The Form 1095-B or 1095-C indicates if you had health insurance through your employer. Since you don’t need this form to file your taxes, you don’t have to wait to receive it if you already know what months you did or didn’t have health insurance in 2018. When you do get the form, keep it with your other 2018 tax information in case you should need it in the future to help prove you had health insurance.
Have more questions? The IRS has a website called Questions and Answers about Health Care Information Forms for Individuals (Forms 1095-A, 1095-B, and 1095-C) covers most of what you need to know.
Last updated: March 7, 2019