What is a necessary action before filing taxes regarding health insurance?

Obtaining the 1095-A form from the marketplace is a necessary action before filing taxes regarding health insurance because this form provides crucial information about the health insurance coverage received through the marketplace. The 1095-A outlines the months during which you were covered, the premiums paid, and any premium tax credit you may be entitled to. This information is essential for accurately reporting your health coverage status and calculating any premium tax credits on your tax return.

Without this form, you would lack the necessary documentation to ensure that your tax return is complete and accurate concerning your health insurance. The IRS requires this information to verify that individuals have met the requirements for health coverage and to assess eligibility for tax credits or subsidies. Therefore, having the 1095-A form is a critical step in the tax filing process related to health insurance.