5 Things You Should Know About Your Tax Return


Today, on World Health Day, I would like to remind you that, in order to lengthen your years and feel good about yourself, it’s important to keep certain things in mind, such as including vegetables in your meals to fill your body with the necessary nutrients to function properly; exercising regularly to contribute to your cardiovascular and respiratory health; washing your hands for at least 30 seconds before eating; taking vitamin supplements to maintain good long-term health and always be protected with health insurance.

With a health plan, you and your loved ones can get preventive services for serious illnesses, medical care for existing conditions, and treatment for new health problems, such as chronic illnesses or injuries.

Physical and mental health is essential, but maintaining good financial health is also very important. That’s why we’d like to share with you 5 things you should know about the 2022 federal tax return.

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5 things you should know about the 2022 federal tax return:

Choose Direct Deposit

This is a free service and the most secure, precise, and fastest way for you to get your return.

Unemployment Benefits

If you received unemployment compensation during 2021, consider that these benefits are taxable and must be included as part of your net income.

Form 1095 (Health Marketplace Declaration)

Form 1095, also known as Health Marketplace Declaration, contains:
–  Paid fees
–  Tax credits used for such fees
–  The SLCSP amount that you will use to “adjust” your declaration

Keep the Earned Income Tax Credit in mind

If you do not owe any taxes or are not required to fill out a tax declaration, EITC can give you a significant financial boost by helping you get a refund.

You can get free help!

Paperwork may be complicated and somehow stressful. If you wish to get free advice and help with your Form 1095 or need help with your health insurance, don’t hesitate to call us at (855) 428-0974.

In Texas Medical Care Plans, your loved ones can still get health insurance. Share their contact information with us so we can get in touch with them or have them contact us today at (915) 781-1614 to advise them on the benefits they could have at no cost.

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