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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…

ACA 2016 Filing Season Statistics – January 2017

IRS Commissioner John Koskinen updated members of Congress on January 9 with results from the 2016 filing season related to Affordable Care Act provisions. See this link for the text of the letter.

Check to See if You Qualify for an Exemption

If you meet certain criteria for the tax year, you may be exempt from the requirement to have minimum essential coverage. You will not have to make a shared responsibility payment for any month that you are exempt. Instead, you'll file Form 8965, Health Coverage Exemptions, with your federal income tax return. For any month that you do not qualify for a coverage exemption, you will need to have minimum essential coverage or make a 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: 10-Mar-2017