Tuesday, February 25, 2014

IRS WARNS: OBAMACARE TAX MUST BE PAID
































IRS Warns: Obamacare Tax Must Be Paid with Tax Return - Americans For Tax Reform

President Obama’s Internal Revenue Service today quietly released a series of Obamacare “Health Care Tax Tips” warning Americans that they must obtain “qualifying” health insurance – as defined by the federal government – or face a “shared responsibility payment” when filing their tax returns in 2015. The term “shared responsibility payment” refers to the Obamacare individual mandate tax, one of at least seven tax hikes in the healthcare law that directly hit families making less than $250,000 per year.

IRS' Friendly Reminder to Make Obamacare Payment (or Else) is Dripping in Leftist Language - Michael Hausam/IJReview

4. Your 2014 tax return will ask if you had insurance coverage or qualified for an exemption. If not, you may owe a shared responsibility payment when you file in 2015.