For plans held in 2018 you may need to file both the 8962 and 8965 forms in 2019 for healthcare related taxes. 8962 is for tax credits, and 8965 is for exemptions from the fee.

Even though the fee for not having coverage is reduced to zero in most states starting 2019, for 2018 you still need to account for it.

With those notes, you can find everything you need to know about the ACA and taxes on our “File Taxes for ObamaCare” page.

See the official details from HealthCare.Gov.

The gist is this the following amounts adjusted for inflation:

  • $695 per adult
  • $347.50 per child under 18
  • If per person method is higher: 2.5% of yearly household income
  • If income percentage method is higher: Total yearly premium for the national average price of a Bronze plan sold through the Marketplace

For plans 2018 and earlier, you can use this IRS tool to estimate your individual responsibility payment.

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