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ACA tax filing changes coming
Forms, fees and exemptions for tax filers
new vlc ACA image
Changes this year for tax filers due to ACA. - photo by Courtsey image

As tax filers gather documents for the 2015 tax filing season, they will need to answer basic health insurance information for the first time this year.  
“For the vast majority of Americans, tax filing under the Affordable Care Act will be as simple as checking a box to show they had health coverage all year,” said Treasure Secretary Jacob J. Lew.  “A fraction of taxpayers will take different steps, like claiming an exemption if they could not afford insurance or ensuring they received the correct amount of financial assistance. A smaller fraction of taxpayers will pay a fee if they made a choice to not obtain coverage they could afford.  We are working to ensure that whatever their experience, consumers can easily access clear information since this is the first year they will see certain changes to their tax returns.”
All Marketplace consumers will receive a new form in the mail — Form 1095 A — that they will use to reconcile theri upfront financial assistance.  
Health and Human Services Secretary Sylvia M. Burwell said the department will work with other agencies, tax prepareers and community organizations to arm consumers with the information they need to know as they prepare to file their taxes.  
“We will also be providing helpful tools so that the millions of taxpayers who qualify for an exemption can receive one,” she said.
Some resources are already available online at www.IRS.gov/ACA and https://healthcare.gov/taxes/.  They include:
•    IRS:  Health Care Law: What’s New for Individuals & Families
•    HHS: 3 Tips About Marketplace Coverage and Your Taxes
•    HHS:  No Health Coverage? What That Means for Your Taxes