Required to file Form 8965 (Health Coverage)?
Moderator: Mark T Serbinski CA CPA
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Required to file Form 8965 (Health Coverage)?
Hi,
I'm trying to figure out if I need to file 8965. I was a resident of Canada throughout 2016. Based on that I would need to file an exemption on the form.
However, I am under 26 and my parents paid for me to remain on their insurance (they live in the US). Based on the instructions for the form one must complete the form if "For one or more months of 2016, you or someone else in your tax household didn't have minimum essential coverage". Based on this I should not be required to file the form.
I ask because my accountant is charging a hefty fee for the form. My understanding is that I should not need to file the form and hence that fee would not be applicable to me.
Does anyone have any thoughts on this?
I'm trying to figure out if I need to file 8965. I was a resident of Canada throughout 2016. Based on that I would need to file an exemption on the form.
However, I am under 26 and my parents paid for me to remain on their insurance (they live in the US). Based on the instructions for the form one must complete the form if "For one or more months of 2016, you or someone else in your tax household didn't have minimum essential coverage". Based on this I should not be required to file the form.
I ask because my accountant is charging a hefty fee for the form. My understanding is that I should not need to file the form and hence that fee would not be applicable to me.
Does anyone have any thoughts on this?
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- Posts: 24
- Joined: Tue Apr 28, 2015 10:29 pm
Reviewing the instructions determining if you need to file is in the following order:
1. Can you be claimed as dependent?
2. Did you have minimum necessary health coverage?
3. Are you eligible for an exemption?
In my opinion because I qualify for #2 (and hence, don't proceed to question #3) 8965 does not need to be filed.
1. Can you be claimed as dependent?
2. Did you have minimum necessary health coverage?
3. Are you eligible for an exemption?
In my opinion because I qualify for #2 (and hence, don't proceed to question #3) 8965 does not need to be filed.
If you had coverage, then you check box on line 61 and you are done.
Your parents would have received a 1095 form with your name on it. You don't need this to claim you were covered but it would be good to check on this.
How much is this guy trying to gouge you?
Your parents would have received a 1095 form with your name on it. You don't need this to claim you were covered but it would be good to check on this.
How much is this guy trying to gouge you?
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing
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- Posts: 24
- Joined: Tue Apr 28, 2015 10:29 pm
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- Posts: 24
- Joined: Tue Apr 28, 2015 10:29 pm
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- Posts: 24
- Joined: Tue Apr 28, 2015 10:29 pm
Thanks for the responses Nelsona!!
I'm going to get the 1095-A. And yes, I'll be searching for help elsewhere if this doesn't get resolved.
I'm guessing being a non-US resident but still being on my parent's health coverage is causing some issues in the software/system which is why it directs to the 8965 instead of line 61 on 1040.
I'm going to get the 1095-A. And yes, I'll be searching for help elsewhere if this doesn't get resolved.
I'm guessing being a non-US resident but still being on my parent's health coverage is causing some issues in the software/system which is why it directs to the 8965 instead of line 61 on 1040.
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- Location: Victoria, BC, Canada