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Pomona California Form 8965: What You Should Know

December 17, 2024 — Health Coverage Exemptions — California Public Employees' Retirement System California Public Employees' Retirement System (Callers) will pay all or a portion of your premium tax credit based on how much you pay for your California Public Employees' Retirement Plan (Crepe). November 25, 2024 — Health Coverage Exemptions — Health Reform Incentive Credit Program (Section 4980D of the Internal Revenue Code) You must file Form 8965 to report your health coverage exemption to this program from tax year 2024 through 2019. Additional Instructions for Form 8965 — IRS You'll need to complete the following Form 8965 to report an exemption from owing the Medicare Part B Early Enrolled Penalty Tax. Health Coverage Exemptions — Community Tax A Form 8965 exemption means that you're excused from the individual mandate—the part of the law that requires you to have health insurance. As a result, you won't pay in excess of 30% of the premium you owe for coverage in the second and subsequent tax years that you don't have health insurance and continue with full health care coverage beyond the second year in which you don't have health insurance.

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