What to do About Your 2014 Taxes and Reporting Minimum Essential Coverage for 2014

Qualifying health insurance coverage under the health care law is known as “minimum essential coverage.” The requirement for health insurance in 2014 is reported on your tax return.

If anyone in your household enrolled in a health plan through the CoveredCA Marketplace in 2014:

• You’ll get a Form 1095-A in the mail — Health Insurance Marketplace Statement.

• You’ll need Form 1095-A to file your 2014 federal income tax return, similar to how you use your W-2 to report income and other on your tax return.

If you and your dependents had qualifying health coverage for all months of 2014 from a source other than the Health Insurance Marketplace (CoveredCA):

• You’ll just need to check a box on your federal income tax form. You won’t get a Form 1095-A.

• If you have a job-based plan, you’re considered covered. Any job-based health plan you have qualifies as minimum essential coverage and you will not need a Form 1095-A for your taxes.

• You don’t need to fill out any new forms.