Treasury, HHS Plan Outreach To Taxpayers About ACA Requirements This Filing Season

Wolters Kluwer

Treasury and the U.S. Department of Health and Human Services (HHS) are communicating with taxpayers about new requirements under the Affordable Care Act that are reflected on individual returns. Treasury and HHS conducted a similar outreach initiative during the 2015 filing season, the first filing season where taxpayers had to identify on their returns if they had minimum essential health coverage or would make a shared responsibility payment, unless exempt. Take Away. “Most individuals will, like last year, merely need to check a box on their return to indicate they had coverage,” Barry Kleiman, CPA, chair of the Individual Taxation Committee, New York State Society of CPAs, told Wolters Kluwer. These include individuals with employer-provided coverage, individuals covered by Medicare and other government programs.