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Form 1095-A Oklahoma City Oklahoma: What You Should Know

Use the “Read More” menu. • Internet Explorer: The downloaded PDF would take you to your website. Use “I'm Feeling Lucky.” • Firefox: The downloaded PDF would take you to your website. Use the “Save Link As” feature. Click the file and follow the next steps. Frequently Asked Questions 1. Where are my forms and applications? Our forms and applications are available for free at HealthChoice's Oklahoma.gov library. 2. Who does this tax include? This tax includes people who get health insurance from the Blue Shield of Oklahoma or through their job and also people who get insurance purchased in the form of a second-hand health insurance plan. It is not tax for people who bought insurance and then canceled it. 3. Do I have to pay anything? Yes. We require you to pay a 5% state tax on the amount you have paid from January 1st until January 13th of the year to which you file. The state tax is due at 10% of your total amount of payments. We require you to pay these taxes by the first of the month. 4. Am I required to pay additional tax on the amounts that I have received for insurance covered by the Shield of Oklahoma? Yes. However, the tax amount is not the same for the people who bought insurance and then canceled it. They have to pay an additional 3% of the remaining amount. That amount is not taxable. 5. Am I able to get a deduction because I am paying the tax? Yes. You can apply for a tax deduction using the “Earned Income” tax credit. That way, you will not be required to pay this additional tax. 6. If I need help filing this tax, who can I call for help? We are happy to help! The easiest way to get help is using the “For a FREE Consultation” link that we've provided on our Oklahoma.gov website at [link]. You can call the Blue Shield of Oklahoma at or email us at carehealthpolicy.info. 8. How do I sign up for my health insurance tax return? There are two ways to file the Oklahoma health insurance tax. You can fill out a paper Form 1090 with your employer at 1090-A, or you can use a computer program. Please get started, and we will tell you what works. 9.

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