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The Affordable Care Act: What’s Trending

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When it comes to the health care law – also known as the Affordable Care Act or ACA – and how it may affect your taxes, there are many questions you might have.  This page offers news on trending topics and answers to questions we are hearing.

For Your Information…

Individual Shared Responsibility Provision

IRS is currently reviewing the Jan. 20, 2017, executive order to determine the implications.

Taxpayers should continue to file their tax returns as they normally would.

The individual shared responsibility provision requires you and each member of your family to do at least one of the following:

  • Have qualifying health coverage called minimum essential coverage
  • Qualify for a health coverage exemption
  • Make a shared responsibility payment with your federal income tax return for the months that you did not have coverage or an exemption.

Most taxpayers have qualifying health care coverage for all 12 months in the year, and will check the "Full-year coverage" box on their return.

Legislative provisions of the ACA law are still in force until changed by the Congress, and taxpayers remain required to follow the law and pay what they may owe‎. 

Find out if you’re eligible for a coverage exemption or must make a payment by using our interactive tool, Am I eligible for a coverage exemption or required to make an Individual Shared Responsibility Payment?.  

Series of Yes-or-No Questions help you Determine Eligibility for the Premium Tax Credit

The premium tax credit, or PTC, is a refundable credit that helps eligible individuals and families with moderate income afford health insurance purchased through a Health Insurance Marketplace. To get this credit, you must meet certain requirements and file a tax return.

Answer the yes-or-no questions in this chart – or via accessible text – and follow the arrows to find out if you may be eligible for the premium tax credit.

People are asking…

Here are commonly-asked questions that we are hearing from taxpayers and seeing on social media.

Q. What happens if I don’t file or I fail to reconcile my advance payments of the premium tax credit when I file my return?

A. Failing to file a tax return or filing your return without reconciling your advance payments will delay your refund and may affect future advance credit payments. The IRS will send you a letter with instructions about what you need to do to resolve this issue, which may include submitting Forms 1095-A and 8962, so we can process your return. 

Q. Does everyone need to have health insurance coverage?

A. The Affordable Care Act requires you and each member of your family to have basic health coverage (called minimum essential coverage), qualify for an exemption from the requirement to have coverage, or make an individual shared responsibility payment when you file your federal income tax return. If you are not required to file a tax return and don’t want to file a return, you do not need to file a return solely to report your coverage or to claim an exemption.

Q. What are my options to receive help with filing a return and reconciling?

A. Filing electronically is the easiest way to file a complete and accurate tax return as the software guides you through the filing process. Electronic filing options include free Volunteer Assistance, IRS Free File, commercial software, and professional assistance. For information about filing a return and reconciling advance credit payments, visit IRS.gov/aca.


For more questions and answers about the health care law, see the Affordable Care Act Tax Provisions Questions and Answers page.

Page Last Reviewed or Updated: 26-Apr-2017