IRS will reject returns that don’t indicate compliance with ACA mandate NTRA.com
the IRS has told tax preparers and software firms that it won’t automatically reject tax returns that fail to state whether the tax filer had health insurance during the year – Note though that one still owes the tax penalties, so what’s the difference? LA Times 2.15.2017 * Line 61 – 1040
I find it UNBELIEVABLE, but it seems the only recourse to enforce the Individual Mandates Tax penalties is to subtract any refund one might get from the penalty for not having coverage. US NEWS Demoines Register
Please post a citation below if there is real enforcement. However, I was told at a seminar, that there is full enforcement to recover subsidies.
If this enforcement issue confused you and you didn’t think there was a penalty, you can probably qualify for special enrollment till 4.30.2015!
(g) Administration and procedure
(2) Special rules
(A) Waiver of criminal penalties
(B) Limitations on liens and levies
- Income Application Questions?
- Income Chart
- Individual Mandate
- KISS? FAQ’s
Delay in enforcement due to website glitches — So, up until yesterday, the legal deadline for buying health insurance to avoid the individual mandate penalty was February 15. After yesterday, the new deadline is March 31 — Town Hall 10.24.2013