Which tax form is specifically for reporting health coverage?

Form 1095-A is specifically designed for reporting health coverage obtained through the Health Insurance Marketplace, also known as the Exchange. This form is essential because it provides information about the health insurance policy, including the premiums paid and the amount of the premium tax credit received. Individuals use this information to complete their tax returns accurately, particularly when calculating the premium tax credit or reconciling any advance payments of the premium tax credit with the actual amount they qualify for based on their annual income.

In contrast, other forms mentioned serve entirely different purposes. Form W-2 is used by employers to report wages, tips, and other compensation paid to employees, along with the taxes withheld. Form 1065 is for reporting the income and expenses of partnerships, while Form 1040 is the primary individual income tax return form used to report and calculate personal income taxes, which may include any additional information from the 1095 series. Each form addresses different aspects of taxation, making Form 1095-A the correct choice specifically for reporting health coverage.