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Greensboro North Carolina online Form 1095-C: What You Should Know

You make a “qualified out of pocket” expense when you purchase the qualified health insurance or, for a limited number of people, when you purchase more than one qualified health insurance plan of the same category. • You may make a non-qualifying out-of-pocket expense on a taxable event that is not a qualified out-of-pocket expense. • If you provide both insurance coverage for yourself and dependents (i.e. your spouse or legal dependent), your dependents must get an exemption from the health insurance coverage requirement. Please note, if you are age 55 or older and pay for Medicare, your dependents must also be covered by Medicare. You cannot claim an exemption from the health insurance coverage requirement unless you already pay the tax for having health coverage. You may be entitled to Medicare or Medicaid benefits. This does not affect your other tax obligations. To see if you are eligible, contact your insurer and check the “Who is Eligible” section on your plan. Health Care Rights Project — Guilford County Schools The U.S. government has changed its regulations for filing personal income tax returns, so 2023 is the time to review your health insurance coverage. You may be able to get a tax refund for a medical expense if your medical expense was not fully deductible. If you are filing a single, non-married individual return, you may be able to claim an additional medical expense exemption for a spouse or qualifying dependent that is not subject to the 3.8% Medicare tax in 2018. If you claim an additional medical expense exemption for a spouse or qualifying dependent who is over 65 or disabled, the amount you may be able to claim is reduced. What you need to know about health insurance in 2018 Health care reform and accessing form 1095-C 843 A S T A N D E S, Suite 10100 Greensboro, NC 27403, (please note that you must have a personal check stub in order to receive this service).

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