Online report of the Progressive Review. Since 1964, the news while there's still time to do something about it.
February 17, 2017
Tax tip
Center on Budget & Policy Priorities - The Affordable Care Act’s individual mandate remains in force,
so taxpayers “should file their tax returns as they normally would,” the
IRS reminded
taxpayers yesterday. Specifically, they should continue to indicate on
their tax return whether they were insured last year or exempt from the
requirement to have health coverage, or whether they owed a penalty for
not having coverage. President Trump’s January 20 executive order
directing agencies to “minimize … regulatory burdens” under the ACA
prompted the IRS to abandon plans to tighten the reporting of health
coverage this tax-filing season. But it didn’t change the individual mandate.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment