The Washington Health Benefit Exchange today is reminding Washington Healthplanfinder customers who have not yet filed a federal tax return to do so by the Tax Day deadline or risk losing access to future tax credits.
Customers who enrolled in a Qualified Health Plan with tax credits during 2017 are required to file a federal return with the Internal Revenue Service by Tuesday, April 17 to reconcile the amount of financial help they received.
“Failing to submit a federal tax filing by the deadline puts customers in danger of missing out on important tax credits that lower the cost of premiums,” said Pam MacEwan, CEO of the Washington Health Benefit Exchange. “With Tax Day only weeks away, we are directing customers to utilize free resources available through Washington Healthplanfinder that can help ensure their returns are filed correctly and on time.”
To assist customers going through the filing process, the Exchange has compiled resources that include information related to the following topics:
- Tax forms. Customers enrolled in a Qualified Health Plan through Washington Healthplanfinder should have received a 1095-A: Health Insurance Marketplace Statement. The 1095-A form is used to complete IRS Form 8962: Premium Tax Credit to reconcile advanced payments of financial help received during 2016. Customers can access a digital copy of their 1095-A in their message center by signing in to their account at wahealthplanfinder.org.
- Tax preparation. Tools for customers who file on their own can be found on the Exchange’s Tax Preparation Customers who need help preparing their tax filings can locate assistance using the tax professional directory provided by the IRS.
- Individual Shared Responsibility Provision. Regardless of decisions made at the federal level, on their updated Individual Shared Responsibility Provision page, the IRS directs residents to continue filing taxes as they normally would. Individuals who did not maintain coverage throughout last year are still obligated to pay a penalty, unless they qualify for an exemption.
The full list of tax season tools also includes answers to frequently asked questions and videos that help guide customers through the filing process. Other information can be found at www.wahbexchange.org.
Reminders: Enrollment is offered year-round to individuals and families through Washington Apple Health (Medicaid). Customers enrolled in Apple Health will receive a notice 60 days before the month they enrolled in or renewed their coverage last year.
About Washington Healthplanfinder
Washington Healthplanfinder is an online marketplace for individuals, and families in Washington to compare and enroll in health insurance coverage and gain access to tax credits, reduced cost sharing and public programs such as Medicaid. The next open enrollment period for Washington Healthplanfinder is currently set to begin on Nov. 1.
About Washington Apple Health
In Washington, Medicaid is called Washington Apple Health. Coverage is free and available year-round for those who qualify. Since the Affordable Care Act launched in October 2013, more people have access to preventive care, like cancer screenings, treatment for diabetes and high blood pressure, and many other health care services they need to stay healthy. Apple Health clients enroll and renew online using Washington Healthplanfinder. Apple Health is administered by the Washington State Health Care Authority: www.hca.wa.gov.