Why it matters
The form is the starting point for Form 8962, which reconciles the premium tax credit. A taxpayer who used the Marketplace needs the form even when no credit was paid in advance.
Example
A client bought a Marketplace plan and received advance premium tax credits. The Marketplace sends Form 1095-A, and the preparer completes Form 8962 to reconcile the credit with the client's income.
Related terms
Questions about Form 1095-A
What if the client did not receive Form 1095-A?
The client can download it from the Marketplace account or request a copy. Do not file from memory, because the monthly premium and credit amounts must match the form.
Does Form 1095-A replace Form 8962?
No. Form 1095-A reports the coverage and the credit paid. Form 8962 calculates the credit the taxpayer is allowed and reconciles the difference.