The following is for informational purposes only and should not be construed as legal, tax or accounting advice.
The U.S. Tax Cuts and Jobs Act (TCJA) removed the individual penalty for people who don’t have insurance or who can claim a qualifying exemption, such as CHM membership. Therefore, you do not have to include Form 8965 as an attachment to your Federal Form 1040.
This applies to individuals, Medicare participants and group members. (Please note: members who are part of a group may still receive Form 1095 from their employers as part of the law’s requirement; however, these forms can be filed away with your tax records.)
Christian Healthcare Ministries is a federally certified exemption under the Affordable Care Act, commonly known as Obamacare. Visit our Affordable Care Act page for more information, including tax reform info and the exact wording in the law.
Other than in Missouri, which allows a tax deduction for regular monthly financial gifts CHM members cannot report their monthly financial gifts or Brother’s Keeper gifts as charitable contributions. However, members who contribute to the Prayer Page or make an extra gift above their monthly financial gift may claim these donations as tax deductions.
At the time of this writing, CHM members in 2019 gave more than $6 million in charitable donations to Prayer Page participants. Members who made these donations will receive a notice thanking them for their 2019 charitable contributions.
Christian Healthcare Ministries is an eligible option under the Affordable Care Act, commonly known as Obamacare. Visit our Affordable Care Act page for more information, including tax reform info and the exact wording in the law.
Electronic (online) filing
If you use electronic software to file your taxes, if the software should ask you the questions that appear on Form 8965, remember that with the elimination of the individual mandate you no longer have to fill out form 8965 with your tax return. You can skip this step.
*Members who were part of a group in 2019
Please contact your group administrator for tax help. Group administrators with questions should speak to an attorney knowledgeable about both taxes and the Affordable Care Act.
Important note: if you have additional questions about CHM and taxes, please contact your tax professional. Please note that each state has different tax regulations. Refer to information provided by your state for additional information regarding your taxes.