Daily Archives March 5, 2016

Health Care Tax Forms and What Taxpayers Need To Do With Them

Most taxpayers simply need to check a box on their 2015 tax return stating that all family members had qualifying health care coverage every month in 2015 and do not have to pay the Individual Shared Responsibility Payment. Exemptions from the Individual Shared Responsibility Payments may be granted.  To find out who qualifies for an exemption, click here.  If a taxpayer doesn’t qualify for an exemption, they must make an individual shared responsibility payment for every month they don’t have health insurance.  To find out how to report and calculate the payment, click here. Form 8965 needs to be filed with taxpayer returns if
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