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1095 FAQs

1095 FAQs
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1. What is this Form 1095?
The 1095 is a new tax form that is sent to you by SMC that includes information about your healthcare insurance coverage. All active and retired employees that have medical benefits through the College will receive the form. It serves as a “proof of insurance statement” that shows the IRS that you have been properly covered by SMC. You’ll take information from it to use in your tax filing, similar to how you take information from your W-2 form and transfer it to your tax forms.

You can see what the 1095-C looks like below (there are three versions: A, B and C. C is used by companies or institutions with 50 or more employees).  The form can also be found here:.

 

Form 1095

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Image of partial 1095 Form

 

2. Why am I even getting a 1095 form?
You’re getting it because it’s required that you get it as part of the new healthcare law, the .

3. When will I be getting my 1095?
You should receive your 1095 form by March.

4. What do I do with it?
Your Form 1095 will contain information that you will transfer to your 1040, 1040A or 1040EZ tax form. You do not need to submit the 1095 form when you file. In fact, most people will only have to check a box on their 1040s stating that they (and their dependents if applicable) were covered for the year.

5. Where can I get more information about the 1095?
You can find more 1095 information here on the

6. Who can I contact if I have questions?
Human Resources ph# (925) 631-4212 or benefits@stmarys-ca.edu

Page updated: 2/21/22