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February 1, 2021
Question

How to add covered california to my taxes

  • February 1, 2021
  • 1 reply
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February 1, 2021

Covered California sends two forms:

  1. The federal IRS Form 1095-A Health Insurance Marketplace Statement.
  2. The California Form FTB 3895 California Health Insurance Marketplace Statement. 

These forms are used when you file your federal and state tax returns to:

  • Calculate your tax refund or credit or the tax amount you owe.
  • Show that you were insured so that you don’t pay a state penalty for the months you were covered.

To add the 1095-A form :

  • Select Federal from the left menu.
  • Click on Deductions and Credits
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Medical
  • On Affordable Care Act (Form 1095-A), click the start or update button

 

When you get to your state-filing, you will be prompted to enter the Form 3895 on your CA tax return.  

 

 

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March 17, 2021

I input the data from my form correctly and as a result my federal tax refund was increased by the amount of the monthly enrollment premiums.  As it stands now I should be getting ~$17K in a federal tax refund.  I'm pretty confident based on my income I am not owed $17K in a refund and believe there is a bug in the Turbo Tax software causing this problem.  Anyone having a similar issue and have identified a resolution?

AmyC
Employee
March 20, 2021

That sounds like you paid the full premium with no assistance to be getting a big refund like that. Maybe the form is incorrect and not showing the assistance you received? Your column C should have numbers in it. It may be worth a call to verify all the numbers are right on your form.

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