Beginning in tax year 2019, you do not need to file form 8965 to show that you are a member of a health care sharing ministry and you are exempt from the mandate to have insurance. You will no longer need to claim an exemption, provide documentation of your membership, make a shared responsibility payment, or obtain an Exemption Certificate Number.
NOTE: For instructions on completing form 8965 for tax year 2018 or prior, see the Tax Archive page.
When will I receive a letter from Samaritan Ministries documenting my tax-deductible donations?
We will send you a letter in the mail by January 31, 2020, documenting your 2019 donations. Depending on the postal service, you should receive the letter by mid-February. Note: Shares you are assigned to send to Samaritan Ministries are not considered tax-deductible donations.
Are Shares I send to members tax-deductible on a Federal level? Can I deduct my Shares on Schedule A?
No. As far as we are aware, the IRS does not consider Shares you send to other members as an itemized personal deduction on Schedule A.
Can I claim medical bills for which I received Shares as medical expenses on my schedule A?
In the past, we have seen that claiming medical bills for which Shares were received has caused members to have an issue with the IRS. We recommend conferring with your tax advisor before doing so.
Is my annual Share to Samaritan Ministries considered a tax-deductible gift?
No. While Samaritan Ministries is recognized by the IRS as an exempt charity, only donations given beyond the administrative fees and monthly Shares are deductible as a charitable gift.
Are Shares I receive from other members considered as income?
As far as we are aware, the IRS has never considered the receipt of Shares as income.
Are Shares I send to members tax-deductible at the state level?
Shares you send to other members are only considered tax-deductible if you are filing with the State of Missouri. We are not aware of any other state where this is the case.
Are there any considerations for filing within my state?
In the month of January, we are mailing detailed information to members who had an address in our records within the states that have special tax considerations during the 2019 tax year (listed below). For more information, you may follow the link to see your state’s requirements.
Looking forward, California, Rhode Island, and Vermont have recently passed new laws that will affect Samaritan members in the 2020 tax year. Once we have more details at the beginning of 2021, we will send information to members who have an address within those states.
What future tax changes might impact Samaritan members?
There are many friends of Health Care Sharing Ministries in Congress who want clarification and changes in the tax laws that would be beneficial to our members. There is a good chance for such changes to occur with the help of our members contacting their representatives in Congress. We will notify our members when we need their help contacting their representatives.
If you have questions or concerns, please contact us at email@example.com.
The above is provided as an informational service only for our members and is not tax advice. For tax advice, please contact your tax advisor.