Corrected Form 1095-A: what should I do?

What does “CORRECTED” mean on Form 1095-A?

A Form 1095-A with the CORRECTED box checked generally means the Marketplace previously sent a Form 1095-A that contained one or more errors or incomplete items.

For that policy, the IRS says to use the corrected Form 1095-A when figuring the Premium Tax Credit and reconciling advance premium tax credit payments on Form 8962. Do not continue using the original Form 1095-A for that policy after the corrected statement is issued.

Which Form 1095-A should I use?

Use the corrected Form 1095-A for the policy identified on the corrected statement. The IRS Form 8962 instructions specifically say not to use the original Form 1095-A once a corrected form has been issued for that policy.

What if I have not filed my tax return yet?

If you have not filed yet, use the corrected Form 1095-A when completing Form 8962. Review the corrected monthly amounts carefully before filing.

Pay particular attention to:

• the people covered in Part II,
• monthly enrollment premiums in Part III,
• the second-lowest-cost silver plan amount in Part III,
• advance premium tax credit amounts in Part III, and
• the months in which coverage was reported.

What if I already filed using the original Form 1095-A?

The IRS says you should compare the corrected 1095-A with the original to determine whether the changes affect your return. Some changes may have no effect. Other changes may change the Premium Tax Credit calculation and could mean an amended return should be considered.

Changes that are more likely to affect the return include changes to the number or ages of covered individuals, monthly premiums, SLCSP amounts, APTC amounts, or months of coverage.

Do I automatically have to amend my return?

No. A corrected Form 1095-A does not automatically mean every taxpayer must amend. The IRS says some changes may not affect the tax return at all, while others may.

If the corrected 1095-A changes information that affects Form 8962, compare the results under the corrected numbers. If you are unsure whether an amendment is appropriate, the IRS recommends consulting a tax preparer.

What if the corrected Form 1095-A is still wrong?

Contact the Marketplace immediately. The IRS does not issue or correct Form 1095-A. The Marketplace that issued the statement is responsible for correcting Marketplace enrollment information.

Do not invent replacement amounts. Use the corrected Marketplace statement or the applicable IRS instructions for any specific exception, such as determining an applicable SLCSP amount when permitted.

What if my tax return was rejected with F8962-070?

If your e-filed return was rejected with F8962-070, check whether a corrected Form 1095-A exists before you resubmit. A corrected Marketplace statement can change the data that belongs on Form 8962.

The IRS says taxpayers with F8962-070 should review their Marketplace records and refile by either including Form 8962 or, when appropriate, providing a written explanation for why Form 8962 is absent.

Read the complete F8962-070 guide →

What if the corrected Form 1095-A changes Column A, B or C?

Part III of Form 1095-A is especially important because it contains the monthly amounts used in the Form 8962 calculation.

• Column A: monthly enrollment premiums.
• Column B: monthly second-lowest-cost silver plan premium.
• Column C: monthly advance payment of the Premium Tax Credit.

If a corrected statement changes one of these amounts, review Form 8962 using the corrected figures.

What if the corrected form changes the months of coverage?

Coverage months can directly affect the Form 8962 reconciliation. If the corrected statement adds or removes months of Marketplace coverage, recalculate Form 8962 using the corrected statement.

What if a spouse or dependent receives the corrected form?

A corrected Form 1095-A issued to a spouse or dependent can still affect your return when that Marketplace coverage is part of your tax family's Premium Tax Credit reconciliation.

Do not assume every Marketplace form will be issued to the primary taxpayer. Review the Marketplace statements for each person whose coverage is relevant to Form 8962.

What is the difference between CORRECTED and VOID?

CORRECTED means the Marketplace replaced inaccurate or incomplete information with corrected information. Use the corrected form for Form 8962.

VOID means the Marketplace says the Form 1095-A for that policy was issued in error. The IRS instructions say not to use either the voided form or the previously received form for that policy when completing Form 8962.

What should I do step by step?

1. Confirm the form says CORRECTED.
2. Identify the policy shown in Part I.
3. Compare the corrected form with the original.
4. Review Part II and Part III for changes.
5. If you have not filed, use the corrected form to prepare Form 8962.
6. If you already filed, determine whether the corrected information changes the Form 8962 result.
7. If the corrected form is wrong, contact the Marketplace.
8. If an amendment may be needed, review Form 1040-X requirements or consult a tax preparer.

Common questions about corrected Form 1095-A

Can I ignore a corrected 1095-A if I already filed?

Do not ignore it. Compare the corrected statement with the original. The IRS says some changes may require action while others may not.

Can I use both the original and corrected 1095-A?

Not for the same policy. Once a corrected Form 1095-A is issued for that policy, use the corrected form instead of the original.

What if the corrected 1095-A gives me a larger refund?

The IRS says taxpayers can compare the corrected and original forms to determine whether amending may be beneficial. If the corrected information produces a larger refund or smaller tax liability, an amendment may be worth considering.

Can RefundIQ help me review a corrected 1095-A?

Yes. Have the tax year, original 1095-A, corrected 1095-A, and any rejection code available. Do not send Social Security numbers, banking information or complete tax documents through an ordinary website message.

Read the RefundIQ 1095-A rejection hub →

Missing Form 1095-A? Read this guide →

Read the F8962-070 guide →