Yardley CPA Posted January 24, 2015 Report Posted January 24, 2015 Just want to make sure my understanding is correct: If taxpayer(s) had health insurance or COBRA for the entire year through their employer or purchased on their own (not through the exchange), including those on Medicare, all that needs to be done is to check box 61 on form 1040? No additional forms need to be completed? Thanks very much. 1 Quote
ADGFINANCIAL Posted January 24, 2015 Report Posted January 24, 2015 For this year you are correct, 2 Quote
Jack from Ohio Posted January 24, 2015 Report Posted January 24, 2015 Just want to make sure my understanding is correct: If taxpayer(s) had health insurance or COBRA for the entire year through their employer or purchased on their own (not through the exchange), including those on Medicare, all that needs to be done is to check box 61 on form 1040? No additional forms need to be completed? Thanks very much. You are exactly correct. The complexity starts with those that are not insured for the whole year, or those that have coverage purchased through an exchange. 3 Quote
Yardley CPA Posted January 24, 2015 Author Report Posted January 24, 2015 Thanks very much for the replies. Quote
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