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IRS to block, suspend tax returns that lack Obamacare disclosures
CNBC ^ | 10/20/2017 | Dan Mangan

Posted on 10/20/2017 6:34:58 AM PDT by Red Badger

The IRS says it will not accept electronic tax returns that do not disclose whether the filer had health insurance coverage during the year.

It also says it will suspend paper returns that do not have the disclosure.

The IRS' move, which will bolster compliance with Affordable Care Act rules, comes as the Trump administration takes other steps to undercut the law.

The IRS is warning tax professionals that it will block or suspend processing of 2017 income tax returns that do not comply with Obamacare rules requiring filers to disclose their health insurance status.

The new move to tighten Americans' compliance with the Affordable Care Act comes even as the Trump administration takes steps to undercut it.

"Taxpayers remain obligated to follow the law and pay what they may owe at the point of filing," the IRS said in a description of the new policy.

The ACA requires most people to have some form of health insurance coverage or pay a tax penalty — a requirement known as Obamacare's individual mandate.

That penalty is the higher of 2.5 percent of adjusted gross household income or $695 per adult and $347.50 per child under age 18.

The agency, in an online notification to tax professionals, said that in the upcoming tax filing season "the IRS will not accept electronically filed tax returns where the taxpayer does not address the health coverage requirements of the Affordable Care Act."

"Returns filed on paper that do not address the health coverage requirements may be suspended pending the receipt of additional information and any refunds may be delayed," the IRS said.

Income tax returns contain a box that asks filers if they had health coverage during the year.

If they indicate they did not have coverage, filers must indicate on what grounds they are exempt from the mandate or say they will pay and then calculate the penalty for not complying.

The IRS said it will not accept electronically filed returns until a tax return addresses those points.

There are several possible exemptions from the mandate, including lacking access to affordable health coverage, being homeless, getting evicted, experiencing domestic violence, experiencing the death of a family member and filing for bankruptcy.


TOPICS: Breaking News; Business/Economy; Culture/Society; Government
KEYWORDS: affordablehealthcare; healthcare; irs; irsobamacare; obamacare; penalty; repeal; tax; trump; trumpirs; trumpirsobamacare
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To: i_robot73

The Bible calls for a flat contribution (a tenth), with no regard to income level, no?


121 posted on 10/22/2017 6:24:49 AM PDT by polymuser (Enough is enough.)
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Comment #122 Removed by Moderator

To: reg45

With a day care center if I recall. Baby killers are not heroes.


123 posted on 10/22/2017 7:35:01 AM PDT by Magnum44 (My comprehensive terrorism plan: Hunt them down and kill them)
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To: Candor7

President Trump can start by voiding the paychecks of all insubordinate IRS employees.


124 posted on 10/22/2017 7:47:52 AM PDT by reg45 (Barack 0bama: Gone but not forgiven.)
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To: SisterK

The Federal government should go back to assessing the states for their share of its costs. Any state that fails to pay its assessment should forfeit its votes in Congress.


125 posted on 10/22/2017 8:01:59 AM PDT by reg45 (Barack 0bama: Gone but not forgiven.)
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To: reg45

Words fail when I come across such an ignorant and stupid comment such as yours. A hero for killing dozens of innocent children? Really? Go crawl under a rock.


126 posted on 10/22/2017 8:03:03 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Varsity Flight

Bush Sr.


127 posted on 10/22/2017 5:17:12 PM PDT by SisterK (its a spiritual war)
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To: madison10; Red Badger; All
There was an Executive Order on January 20, 2017 re: Obamacare. Apparently, it has no teeth. I'm quoting Sec 2 and the caveat at the bottom of the Order:

"Sec. 2. To the maximum extent permitted by law, the Secretary of Health and Human Services (Secretary) and the heads of all other executive departments and agencies (agencies) with authorities and responsibilities under the Act shall exercise all authority and discretion available to them to waive, defer, grant exemptions from, or delay the implementation of any provision or requirement of the Act that would impose a fiscal burden on any State or a cost, fee, tax, penalty, or regulatory burden on individuals, families, healthcare providers, health insurers, patients, recipients of healthcare services, purchasers of health insurance, or makers of medical devices, products, or medications.

(c) This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

128 posted on 10/23/2017 8:41:42 AM PDT by TennesseeGirl
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To: Red Badger

bkmk


129 posted on 10/23/2017 9:05:53 AM PDT by AllAmericanGirl44
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To: MeneMeneTekelUpharsin

The IRS cannot charge interest on unpaid ACA mandated compliance fees. They also cannot garnish wages or collect otherwise directly from any source(s) other than tax refund monies and willing compliance.


130 posted on 10/23/2017 10:06:53 AM PDT by jurroppi1 (The Left doesnÂ’t have ideas, it has cliches. H/T Flick Lives)
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To: Lisbon1940

why did you pay the penalty?


131 posted on 10/23/2017 10:07:33 AM PDT by jurroppi1 (The Left doesnÂ’t have ideas, it has cliches. H/T Flick Lives)
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To: jurroppi1

Trying to be a good citizen.


132 posted on 10/23/2017 10:44:56 AM PDT by Lisbon1940 (No full-term Governors (at the time of election!)
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To: Lisbon1940

I thought there might be a reason such as your accountant wouldn’t file for you otherwise, or visa status or something like that.


133 posted on 10/23/2017 11:50:52 AM PDT by jurroppi1 (The Left doesnÂ’t have ideas, it has cliches. H/T Flick Lives)
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To: jurroppi1

I’m my own accountant. I usually try to play within the lines.


134 posted on 10/23/2017 2:49:38 PM PDT by Lisbon1940 (No full-term Governors (at the time of election!)
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To: Lisbon1940

Like I stated above, they can’t collect from you if you don’t have a refund and they can’t attach interest to it either. That’s all in the law.


135 posted on 10/23/2017 8:17:15 PM PDT by jurroppi1 (The Left doesnÂ’t have ideas, it has cliches. H/T Flick Lives)
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To: Sasparilla

He ordered it for the 2016 returns but he’ll need to do an EO to make it permanent! I suspect its a “I double dare you” by swamp people at the IRS trying to make Trump blink!


136 posted on 10/26/2017 9:45:26 AM PDT by mdmathis6 (Men and Devils can't out-"alinsksy" God! He knows where "all the bodies are buried!")
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To: Red Badger

The IRS is headed for a showndown with Trump as he has already ordered this suspended.

The White House

Office of the Press Secretary

For Immediate Release

January 20, 2017
..

Executive Order Minimizing the Economic Burden of the Patient Protection and Affordable Care Act Pending Repeal

EXECUTIVE ORDER

- - - - - - -

MINIMIZING THE ECONOMIC BURDEN OF THE PATIENT PROTECTION AND AFFORDABLE CARE ACT PENDING REPEAL

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows:

Section 1. It is the policy of my Administration to seek the prompt repeal of the Patient Protection and Affordable Care Act (Public Law 111-148), as amended (the “Act”). In the meantime, pending such repeal, it is imperative for the executive branch to ensure that the law is being efficiently implemented, take all actions consistent with law to minimize the unwarranted economic and regulatory burdens of the Act, and prepare to afford the States more flexibility and control to create a more free and open healthcare market.

Sec. 2. To the maximum extent permitted by law, the Secretary of Health and Human Services (Secretary) and the heads of all other executive departments and agencies (agencies) with authorities and responsibilities under the Act shall exercise all authority and discretion available to them to waive, defer, grant exemptions from, or delay the implementation of any provision or requirement of the Act that would impose a fiscal burden on any State or a cost, fee, tax, penalty, or regulatory burden on individuals, families, healthcare providers, health insurers, patients, recipients of healthcare services, purchasers of health insurance, or makers of medical devices, products, or medications.

Sec. 3. To the maximum extent permitted by law, the Secretary and the heads of all other executive departments and agencies with authorities and responsibilities under the Act, shall exercise all authority and discretion available to them to provide greater flexibility to States and cooperate with them in implementing healthcare programs.

Sec. 4. To the maximum extent permitted by law, the head of each department or agency with responsibilities relating to healthcare or health insurance shall encourage the development of a free and open market in interstate commerce for the offering of healthcare services and health insurance, with the goal of achieving and preserving maximum options for patients and consumers.

Sec. 5. To the extent that carrying out the directives in this order would require revision of regulations issued through notice-and-comment rulemaking, the heads of agencies shall comply with the Administrative Procedure Act and other applicable statutes in considering or promulgating such regulatory revisions.

Sec. 6. (a) Nothing in this order shall be construed to impair or otherwise affect:

(i) the authority granted by law to an executive department or agency, or the head thereof; or

(ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.

(b) This order shall be implemented consistent with applicable law and subject to the availability of appropriations.

(c) This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

DONALD J. TRUMP

THE WHITE HOUSE,
January 20, 2017.


137 posted on 11/17/2017 5:09:14 PM PST by CodeToad (CWII is coming. Arm Up! They Are!)
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