IRS Heath Care Tax Tip 2016-42, April 7 2016 The Interactive Tax Assistant tool is an online resource that can answer a wide range of your tax questions. When it comes to the Affordable Care Act, they can answer questions such as: Am I Eligible to Claim the Premium Tax Credit? This interview tool will help you determine if you are eligible for the premium tax credit. Am I Eligible for a Coverage Exemption or Required to Make an Individual Shared Responsibility Payment? This interview tool will help you determine if you are eligible for an exemption or if you must make an individual shared responsibility payment with your return. The Interactive Tax Assistant takes you through a series of questions; conclusions are based on your responses. When using the tool, you get the same answers as if you’d called and spoken with an IRS representative on the phone. You can print out the answers for your records. You can also use the Individual Shared Responsibility Payment Estimator, which can help you estimate the amount you may have to pay if you did not have minimum essential coverage during the year. Find answers to your questions about the health care law and filing your 2015 income tax return on IRS.gov/aca. Subscribe to IRS Tax Tips Follow @IRSNews on Twitter Health Care Tax Tips Health Care Tax Tips Health Care Tax Tips - December 2016 Health Care Tax Tips - November 2016 Health Care Tax Tips - October 2016 Health Care Tax Tips - September 2016 Health Care Tax Tips Related Items HealthCare.gov Individual Shared Responsibility Provision The Premium Tax Credit - The Basics Affordable Care Act - What to expect when filing your tax return Gathering Your Health Coverage Documentation for the Tax Filing Season ACA Information Center for Tax Professionals How to correct an electronically filed return rejected for a missing Form 8962
