If you and/or someone you designate as a tax dependant were registered for Minimum Essential Coverage (CEM), you will receive a Form 1095-A. This form contains proof that you had eligible health insurance and important tax information you need to complete your household tax return. Some individuals may have been asked to contact Covered California for information determining the applicable “Second Lowest Money Plan Premium (SLCSP)” in the following form or publication: Form 1095-B is a health insurance tax form that specifies the type of coverage, dependents covered by your insurance policy, and the previous year`s insurance period. You can also find more information about this form on the IRS website. The amount paid was based on the latest household size and income information you provided to Covered California. If that information changed over the course of the year and you didn`t report the change to Covered California, you may have paid too much or too little for your health insurance. Form 1095-A is sent by Covered California™ to individuals enrolled in an LA Care Covered plan (subsidized or unsubsidized™). If you have any questions about your Form 1095-A, please contact Covered California at (800) 300-1506. You can also find more information on the Internal Revenue Service (IRS) website.
Some reasons why you can`t get an IRS Form 1095-A or FTB 3895: If the information on your Form 1095-A is incorrect, please contact the Covered California Service Center at (800) 989-2199 to provide the correct information and obtain a corrected Form 1095-A. Covered California sends Form FTB 3895 California Health Insurance Marketplace Statement to all registered members. It is used to complete Form FTB 3849, Prime Assistance Subsidy, as part of your state income tax return. Use the California Franchise Tax Board`s form finder to view these forms. This page provides tax return information if you are enrolled in L.A. Care Covered and L.A. Care Covered™ Direct™. This form is used to verify on your tax return that you and your dependents have at least qualified health insurance coverage. Form 1095-B is sent by L.A. Care to individuals participating in the L.A.
(Disaster) Minimum Coverage Plan. If the above reasons do not apply to you, please log in to your CoveredCA.com account and go to your secure mailbox to see if your tax forms can be downloaded. If you still do not see your tax forms, please contact the Covered California Service Center. Form 8962 is an IRS form used to match the tax credits your health insurance received based on your estimated income with the amount you qualify for based on your actual income, as shown on your federal tax return. For more information on matching government grants, including resources for people who need help repaying government grants, visit ftb.ca.gov/2021SubsidyReconciliation. Keep this form – you will need it when preparing your taxes. Just like a W-2, a 1095-A is one of the things that determines how much tax you`ll pay or how much refund you`ll receive. You use it to complete IRS Form 8962. You can obtain an electronic copy of your Form 1095-A by logging into your Covered California account after January 2019.
Covered California will also send out the forms in January 2019. It can take 14 days for it to arrive in the mail. If you have not received a Form 1095-A in the mail or in your Covered California account, complete the Covered California Dispute form or contact her at (800) 300-1506. The complaint form is currently only available in English. If you require assistance in Spanish or another language, please contact Covered California at (800) 989-2199. If the information on your Form 1095-B is inaccurate, you can download the 1095-B Dispute Resolution or Claim Form from the Resources field on the right, or call Member Services to request the form. Please complete the form, sign it and return it by mail or fax as indicated on the form. Please click on the links below for more information: Please note that this information does not constitute tax advice and consultation with your tax advisor is recommended as individual circumstances vary. FTB also recovers defaulting vehicle registration claims on behalf of the California Department of Motor Vehicles and court-ordered defaulting debts. The FTB also conducts financial audits of selected government candidates, nominating committees, and lobbyists, following a random selection process by the California Fair Political Practices Commission. The three members are the Land Controller, the Chairman of the Remuneration Committee and the Director of the Ministry of Finance. Martin Huff (1963 – 1979) (For the first eight months of 1980, the department was headed by Jeffrey Smith, who was appointed acting general manager.) Corporate income tax is imposed on companies that operate in California and receive income from California.
 Over the past decade, FTB has collected an average of $9.5 billion per year in corporate taxes.  The FTB collects personal income tax. The FTB collects income taxes from California residents on their income from all sources.  In the meantime, non-residents are taxed on their California income.  In recent years, FTB has collected more than $50 billion in income taxes each year.   The Executive Director of the Franchise Tax Board is Selvi Stanislaus, the first woman to hold this position. She took office in 2006. The former leaders of the FTB were: The FTB imposes a franchise tax on companies doing business in California.  The name of the FTB reflects the fact that it was originally created to collect this tax.
The name of the agency remained unchanged even after the state introduced an income tax and included it in the FTB`s jurisdiction. In 1929, the state legislature created the Office of the Franchise Tax Commissioner to administer the California Bank and Corporation Franchise Tax Act.  Gerald H. Goldberg (1980 – 2005) (For the last five months of 2005, the department was headed by Will Bush, who was appointed acting executive director by the board of directors.) In 1879, California adopted its state constitution, which, among many other programs, created the State Board of Equalization and the State Controller, which administered all tax programs.  Note: If you are no longer an active member of Covered California, you will not be able to access your Form 1095-A in your online account. Please contact Covered California at (800) 989-2199 to request a hard copy if you have not received it. The American Rescue Plan Act increased the amount of federal financial assistance received by covered California participants in 2021. This reduced the cost of premiums for people who received subsidized coverage from Covered California and replaced the state subsidy (also known as the premium assistance grant) that many people received.
For this reason, individuals who received a government grant for health insurance in 2021 may need to repay some or all of the amount when filing their 2021 tax return with the Franchise Tax Board. In 1950, California abolished the Office of the Franchise Tax Commissioner and created the Franchise Tax Board as it exists today.  The California Franchise Tax Board (FTB) collects the State of California`s income tax and corporate income tax. It is part of the California Government Operations Agency. Your Form 1095-A shows the amount the Internal Revenue Service (IRS) paid to your health insurance company to help cover the cost of your health insurance, the months you were covered by your health plan, and the dependents covered by your plan. The Board of Directors consists of the State Comptroller of California, the Director of the California Department of Finance, and the Chairman of the California Equalization Board. The Chief Administrative Officer is the Executive Officer of the Franchise Tax Board.