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Form 8965 AR: What You Should Know

Shared Responsibility Payments are payments that you make to your spouse under IRS regulations. You can only make Shared Responsibility Payments to one spouse who receives minimum essential coverage as qualifying coverage for which you are responsible. An individual must live with you and the other spouse to qualify for shared responsibility payments, however you can make a Shared Responsibility Payment to a family member who is eligible for coverage on his or her own. For more information, refer to IRS Publication 590, Coverage Exemptions, and you may visit , or call (TTY/TDD). How Will We Figure the Shared Responsibility Payment on a Single Tax Return? If you or your spouse filed a joint return, your Shared Responsibility Payment for the Tax Year 2024 and any prior Tax Years will be determined on the income tax portion of your combined tax return. That is, you will figure your Shared Responsibility Payment on form 1040 (Form 1040) and attach it to your return. If no tax has been paid, no payment is required.  If you report no tax in box 1 on Form 8965, Health Coverage Exemptions, and attach, on line 8, IRS Form 8965--Health Coverage Exemptions, you will have to figure your Shared Responsibility Payment on a separate return. You must report in box 1, with the amount shown, all the eligible coverage that the other member of the family qualifies for, as the “other eligible coverage” amount. Is a Shared Responsibility Payment Required for each Coverage Exemption? No. Under certain circumstances, you can make only one Shared Responsibility Payment for a family member. If no individual qualifies for any of the coverage exemptions you are responsible for, no payment is required. Can I Make Other Shared Responsibility Payments to Entitle Me to Additional Coverage? Yes. You can also make other Shared Responsibility payments so that you qualify for all, or any part, of the coverage that you would not otherwise qualify for. You must figure the Shared Responsibility Payment for the Tax Year and any prior year on your tax return.

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