2014 Tax Information

Important Update on 2014 Coverage Exemptions – System Issues

If you have enrolled in health coverage through Nevada Health Link in 2014 and experienced difficulties enrolling because our system had issues, you may be able to receive an exemption from the IRS tax penalty. The exemption is automatically granted and no financial penalty will be assessed.
Please visit the IRS website here: (https://www.irs.gov/pub/irs-prior/i8965–2014.pdf) for instructions on filling out and filing Form 8965.
Nevada Health Link recommends you talk with a tax professional to help you with any tax filings. You can also contact Nevada Health Link at: 1-855-7NVLINK (1-855-768-5465); or email us at: customerserviceNVHL@exchange.nv.gov.

Getting Your 2014 Form 1095-A

All Nevadans who enrolled in a qualified health plan through Nevada Health Link during 2014 will be provided a 1095-A Form. You will use the form to help fill out your 2014 federal income tax filings. This form will show who was covered, how many months you had coverage, how much the monthly premium amount was, how much the monthly premium amount for the second lowest cost silver plan was (the plan that determines your subsidy), and how much subsidy (APTC) you received each month.

If you are in need of a duplicate 1095-A or a correction made to an existing 1095-A form FOR PLAN YEAR 2014 ONLY please contact Nevada Health Link at: 1-800-547-2927; or email us at: customerserviceNVHL@exchange.nv.gov.

Nevadans Who Didn’t Enroll with Nevada Health Link in 2014

If you did not enroll in a qualified health plan with Nevada Health Link in 2014, but you did enroll in a health plan in Nevada’s individual market outside of the online marketplace (the exchange), you may be able to receive a tax credit for the 2014 federal income tax filing based on your income in 2014. Nevada Health Link recommends that you get help from licensed tax professionals while preparing your 2014 federal income tax filing.

To see if you qualify for a tax credit, you will need to locate the second lowest cost Silver Plan premium available in your county. A tax professional can help you see if you are owed any refund on your 2014 federal income taxes for premium payments you made toward 2014 health plans that were NOT provided by Nevada Health Link.

Benchmark Plan (Second Lowest Cost Silver Plan)

The Nevada Division of Insurance has a tool available to lookup insurance rates here: http://healthrates.doi.nv.gov/Wizard.aspx:

Click on the box marked “Individual”
Select the county you lived in during 2014 from the dropdown menu
Select your age from the dropdown menu
Click “Continue”
Select “Silver” from the Metal Tier dropdown.
Select “Yes – Show ONLY Exchange Plans” from the plans dropdown menu.
Select “2014” from the plan year dropdown menu.
Click “View Results”

The plans offered in your county will be displayed at the bottom of the sheet. The second lowest cost silver plan is used to determine qualification for any tax credits. You can click the button “Download as PDF” to have a printable result available.