Information For...

For you and your family
Individuals abroad and more
EINs and other information

Filing For Individuals

Information For...

For you and your family
Standard mileage and other information

Forms and Instructions

Individual Tax Return
Request for Taxpayer Identification Number (TIN) and Certification
Single and Joint Filers With No Dependents
Employee's Withholding Allowance Certificate

 

Request for Transcript of Tax Returns
Employer's Quarterly Federal Tax Return
Installment Agreement Request
Wage and Tax Statement

Popular For Tax Pros

Amend/Fix Return
Apply for Power of Attorney
Apply for an ITIN
Rules Governing Practice before IRS

YouTube video text script - Individual Shared Responsibility-Overview

HI… I’M ALEXIS AND I WORK FOR THE INTERNAL REVENUE SERVICE.

CHANCES ARE YOU’VE HEARD THAT THE HEALTH CARE LAW CAN AFFECT YOUR TAXES.   
    
BUT YOU MAY BE  UNCERTAIN WHAT IT REALLY MEANS.
    
ALTHOUGH YOU MAY NEED TO MAKE DECISIONS ABOUT THE HEALTH CARE COVERAGE YOU CARRY FOR YOU AND YOUR FAMILY… THE FACT  IS THAT MOST PEOPLE ALREADY HAVE THE HEALTH CARE COVERAGE THEY NEED… KNOWN AS MINIMUM ESSENTIAL COVERAGE… AND PROBABLY DON’T HAVE TO DO ANYTHING.
       
HOWEVER, IF YOU GO WITHOUT COVERAGE FOR ANY PART OF THE YEAR…  THERE ARE SPECIAL RULES THAT APPLY.
        
IF YOU DON’T QUALIFY FOR AN EXEMPTION… YOU MAY NEED TO MAKE A SPECIAL PAYMENT… CALLED AN INDIVIDUAL SHARED RESPONSIBILITY PAYMENT.     
     
YOU MAY QUALIFY FOR AN EXEMPTION IF YOU DON’T NEED TO FILE A TAX RETURN… IF YOU ARE WITHOUT ACCESS TO AFFORDABLE HEALTH CARE COVERAGE…IF YOU ARE A MEMBER OF CERTAIN EXEMPT GROUPS… OR IF YOU ARE SUFFERING A HARDSHIP.
    
THERE ARE OTHER EXEMPTIONS AS WELL.
    
A COMPLETE LIST OF THEM IS AVAILABLE ON THE I-R-S WEBSITE.
     
NOW… IF YOU OR ONE OF YOUR DEPENDENTS DO NOT HAVE COVERAGE AND DO NOT QUALIFY FOR AN EXEMPTION… YOU WILL NEED TO MAKE AN INDIVIDUAL SHARED RESPONSIBILITY PAYMENT WHEN YOU FILE YOUR TAX RETURN.
     
THE PAYMENT AMOUNT IS EITHER A PERCENTAGE OF YOUR INCOME OR A FLAT DOLLAR AMOUNT… WHICHEVER IS GREATER.
     
THE PAYMENT IS BASED ON THE NUMBER OF MONTHS YOU GO WITHOUT COVERAGE OR AN EXEMPTION.     
    
FOR MORE INFORMATION … VISIT

I-R-S-DOT-GOV-SLASH-A-C-A.