I.R.S. Says It Will Reject Tax Returns that Lack Health Insurance Disclosure

Next year, for the first time, the I.R.S. will reject your tax return when filed electronically if you do ... various agencies to scale back the regulatory reach of the federal health care law.

the tax penalty people face if they refuse to obtain health insurance. Next year, for the first time, the IRS will reject your tax return when filed electronically if you do not complete the information required about whether you have coverage, including ...

the tax penalty people face if they refuse to obtain health insurance. Next year, for the first time, the I.R.S. will reject your tax return when filed electronically if you do not complete the information required about whether you have coverage ... I.R.S. Says It Will Reject Tax Returns that Lack Health Insurance Disclosure

The 2018 tax season will mark the first time the IRS will not accept tax returns that do not specify whether taxpayers have met the health insurance coverage requirements of the Affordable Care Act, or ACA. The federal agency continues: “This process ...

the IRS still appears to be enforcing the unpopular Obama-era requirement that most people carry health insurance or risk a fine. The agency says on its website that it will automatically reject electronic returns for tax year 2017 that don't specify if ...

the Internal Revenue Service stepped back from plans to reject tax returns that didn't indicate whether or not people had health insurance. The impact of that action remains unclear, as it was not apparent how the IRS will determine a person’s coverage ...

But what would have been a mandatory disclosure will instead be voluntary. Silent returns will no longer be automatically rejected ... health insurance policies, and the requirement to buy health insurance is no longer really a requirement. Who says ...

Current tax forms ask filers whether they had health coverage in the previous year in order to determine if they must pay a financial penalty or seek an exemption. The IRS previously announced that starting this year, it would reject returns that didn't ...

The tax agency says the change will reduce the health ... The IRS did not reject silent returns last year, as this story originally indicated. The plan was to go into effect this year, for 2016 returns, but the IRS reversed course on February 3. Reason ...

Source : https://democraticunderground.com/10029733882

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