More information is now available on IRS.gov to help you better understand the Individual Shared Responsibility Provision of the Affordable Care Act. Check the minimum essential coverage chart,exemption chart and basic examples of the payment calculation to learn more about this provision.
Our clients will report minimum essential coverage, report exemptions, or make any individual shared responsibility payment when they file their 2014 federal income tax return in 2015.
- The Individual Shared Responsibility Provision (tdkfinancial.wordpress.com)
- Find out if You Qualify for a Health Insurance Coverage Exemption (plymouthincometax.wordpress.com)
- Find Out if Your Health Insurance Coverage is Considered Minimum Essential Coverage Under the Affordable Care Act (plymouthincometax.wordpress.com)