What information does Form 1095-A provide?

What information does Form 1095-A provide?

• A. It lists the enrollee's identity and contact information.
• B. It shows the enrollee's coverage details and the premium only.
• C. It lists the premiums and APTC in a single line.
• D. It shows the enrollee's coverage details, the premium for the plan, the APTC paid on their behalf, and the SLCSP information used in the calculation.

Answer: (D)

Form 1095-A provides the information you need to reconcile your premium tax credit for Marketplace coverage. It shows who is covered and the months of coverage, the monthly premium for the plan, the amount of APTC paid on the enrollee’s behalf each month, and the SLCSP (Second Lowest Cost Silver Plan) premium that was used to calculate the credit. This per‑month detail—coverage data, plan premium, APTC amounts, and the SLCSP reference—is essential for completing Form 8962 and determining the correct premium tax credit or repayment. It’s not just contact information or a simple line of numbers; it combines coverage details with the monetary amounts and the SLCSP used in the calculation.

Form 1095-A provides the information you need to reconcile your premium tax credit for Marketplace coverage. It shows who is covered and the months of coverage, the monthly premium for the plan, the amount of APTC paid on the enrollee’s behalf each month, and the SLCSP (Second Lowest Cost Silver Plan) premium that was used to calculate the credit. This per‑month detail—coverage data, plan premium, APTC amounts, and the SLCSP reference—is essential for completing Form 8962 and determining the correct premium tax credit or repayment. It’s not just contact information or a simple line of numbers; it combines coverage details with the monetary amounts and the SLCSP used in the calculation.