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 Irs Form 8965 2017

2017-2025 Form

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Instructions and help about Irs Form 8965

[Music] a little background the Affordable Care Act is the nation's health reform law that was enacted in March of 2010 the laws primary aim is to reform both our private and public health insurance systems in order to expand coverage to 25 million Americans by the year 2023 this piece of legislation has touched almost every American in one way or another either through our health insurance coverage or through our tax returns the 2014 tax season was the first time the taxpayers experienced the financial consequences of the individual mandate or the penalty and this brought additional paperwork and a few unpleasant surprises to some tax payers under the Affordable Care Act individuals along with the federal and state governments insurers and employers all share the responsibility for health coverage the individual shared responsibility provision requires individuals and each member of the family to either have minimum essential coverage or ME see or have an exemption from the re

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