Healthcare Proof & Recordkeeping
Taxpayers must keep records of the health care coverage maintained (either employer provided or, if private coverage, premiums paid and type of coverage purchased) during the year for themselves and their family. Taxpayers will need to show they maintained the required minimum essential coverage unless exempt (retain certificate of exemption or other documentation). For each qualified medical expense paid with a Health Savings Account (HSA) or Medical Savings Account (MSA) distribution, the taxpayers must keep a record of the name and address of each person paid and the amount and date of the payment.
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In general terms, minimally, keep all documents that may have an impact on your federal (or state) tax return. These include bills, credit card and other receipts invoices, mileage logs, canceled, imaged or substitute checks, proofs of payment and any other records to support deductions or credits claimed on a tax return.