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# Your New Obamacare Tax Form

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<!-- video src="https://cdn.jwplayer.com/manifests/Rig3opHn.m3u8" -->
## Video: Your New Obamacare Tax Form

[Watch (HLS stream): Your New Obamacare Tax Form](https://cdn.jwplayer.com/manifests/Rig3opHn.m3u8) (1:16)

![Your New Obamacare Tax Form](https://cdn.jwplayer.com/v2/media/Rig3opHn/poster.jpg?width=720)

_Published 2016-03-29. Be sure to keep these health care forms handy when you file your taxes._


---

Jul 27, 2023 7:50 PM UTC

---

## More From This Series

[All Videos](https://time.com/video/)

[Senate GOP Health Care Bill Would End Obamacare Penalties and Taxes](/video/Zcw7bqy4/)

### Senate GOP Health Care Bill Would End Obamacare Penalties and Taxes

[Filing Taxes Late](/video/h4iHwf29/)

### Filing Taxes Late

[Kaiser Health News: How Obamacare Can Affect Your Taxes](/video/XUkhBT1z/)

### Kaiser Health News: How Obamacare Can Affect Your Taxes

---


## Transcript

ObamaCare is bringing another change this year. New tax forms in your mailbox. Here's what to make of the information you may be getting. As of last year anyone who buys health insurance through an online marketplace such as Healthcare. gov will get a form 1095 A This is a crucial document. You'll need this information to claim or confirm the premium tax credit that helps some Americans offset the cost of insurance. If you ended up earning more than you expected last year you'll need this form to calculate how much of your subsidy you have to pay back. What's new this year is that your insurance company or employer will send you a form 1095- B or C.

Some Medicare recipients will also get one. These forms spell out what health insurance you had in 2015, or what policy you were offered and declined. But you don't need one to file your tax return, you just check a box confirming that you had coverage. In fact, you may not have the form in hand by the time you do your taxes. Companies can send out 1095- Bs and Cs as late as March, and the IRS is asking tax payers not to attach the forms to their return. But do file it away with the rest of your tax records. It's proof that you had insurance. [ MUSIC ]

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