In a reversal, the Internal Revenue Service (IRS) has indicated that it will not accept electronically filed tax returns where the taxpayer does not address the health coverage requirements of the Affordable Care Act (ACA). This is in contrast to the 2017 filing season when the IRS took the position that it would accept and process tax returns where a taxpayer is silent on coverage. The tax agency said, at that time, that the treatment was consistent with their previous policy.
However, for the 2018 tax season, that will not be the case. According to the IRS, electronically filed tax returns will not be accepted "until the taxpayer indicates whether they had coverage, had an exemption or will make a shared responsibility payment." Additionally, paper tax returns "may be suspended pending the receipt of additional information and any refunds may be delayed."
More at: https://www.forbes.com/sites/kellyph.../#3f83076b7d7f
Site Information
About Us
- RonPaulForums.com is an independent grassroots outfit not officially connected to Ron Paul but dedicated to his mission. For more information see our Mission Statement.
Connect With Us