Tax season is officially upon us, and while filing taxes might not be anyone’s favorite task, being prepared can make all the difference. At NickersonPartners Insurance Agency, we’re here to help make the process smoother by assisting you with one of the most important tax forms for health insurance enrollees: the 1095-A form.

What Is the 1095-A Form?

The 1095-A form is a crucial document for anyone who enrolled in health insurance through the Health Insurance Marketplace. Also known as the Health Insurance Marketplace Statement, this form provides key information about your coverage, such as:

• The months you were covered.
• The premium amount paid.
• The amount of advance premium tax credit (APTC) applied to your plan.

This form is essential for calculating your premium tax credit or reconciling any advance credits you received. Without it, you risk delays in filing your taxes or missing out on potential deductions.

How NickersonPartners Insurance Agency Can Help

Navigating health insurance paperwork can feel overwhelming, but that’s where we come in. As your trusted insurance agency, NickersonPartners is ready to help you understand and use your 1095-A form effectively. Here’s how:

• Answering Your Questions: Confused about what the numbers on your 1095-A mean? We’ll walk you through the form and explain each section.
• Ensuring Accuracy: Filing taxes can be stressful, especially if you’re unsure about the accuracy of your forms. We can help you verify the information on your 1095-A so there are no surprises.
• Collaborating with Your Tax Preparer: If you work with a tax professional, we’re happy to liaise with them to ensure all health insurance-related information is correct and complete.

The Benefits of a Premium Tax Credit

If you’re eligible, the premium tax credit can significantly reduce your tax liability. This credit is designed to make health insurance more affordable by offsetting the costs of premiums. By correctly reporting your 1095-A form, you can ensure you receive the full credit amount you’re entitled to.

Important Deadlines for the 2025 Tax Season

Mark your calendar for these critical dates:

• January 31, 2025: The deadline to enroll in health insurance during open enrollment.
• Early February 2025: Most 1095-A forms are mailed out by this time.
• April 15, 2025: The official deadline for filing your 2024 tax return.

Make sure you’ve received your 1095-A form well before the filing deadline, and reach out to us if you have any issues obtaining it.

Why Choose NickersonPartners Insurance Agency?

At NickersonPartners, we pride ourselves on going above and beyond for our clients. Tax season can be complicated, but we’re here to lighten the load. Whether it’s assisting with your 1095-A form or helping you navigate your health insurance options, our goal is to provide unparalleled support and peace of mind.

Get Started Today

The 2025 tax season doesn’t have to be stressful. Let NickersonPartners Insurance Agency help you make sense of your 1095-A form and maximize your tax benefits. Contact us today to schedule a consultation or get your questions answered. Together, we’ll make this tax season your smoothest yet!