Instructions for IRS Form 8965 Health Coverage Exemptions (And Instructions for Figuring Your Shared Responsibility Payment)

IRS Form 8965 Health Coverage Exemptions

This document contains official instructions for IRS Form 8965 , Health Coverage Exemptions (And Instructions for Figuring Your Shared Responsibility Payment) - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 8965 is available for download through this link.

FAQ

Q: What is IRS Form 8965?A: IRS Form 8965 is a form used to report health coverage exemptions.

Q: What are health coverage exemptions?A: Health coverage exemptions are exceptions from the requirement to have health insurance.

Q: Who needs to file IRS Form 8965?A: You need to file IRS Form 8965 if you have a health coverage exemption or need to report your shared responsibility payment.

Q: What is a shared responsibility payment?A: A shared responsibility payment is a penalty for not having health insurance.

Q: How do I fill out IRS Form 8965?A: You need to provide information about your health coverage exemptions or calculate your shared responsibility payment.

Q: When is the deadline to file IRS Form 8965?A: The deadline to file IRS Form 8965 is usually April 15th of the following year.

Q: What happens if I don't file IRS Form 8965?A: If you don't file IRS Form 8965 when required, you may face penalties or be subject to an audit by the IRS.

Q: Are there any exceptions to the requirement to have health insurance?A: Yes, there are certain exemptions that may qualify you for an exception from the requirement to have health insurance.