Affordable Care Act Tax Information From the IRS

irs help on affordability act

This post is part of the series, SmallBusiness.com Guide to Taxes: Information about taxes, tax preparation and filing. You can browse other posts in the series below.

  1. More U.S. Business Tax Resources and Statistics | 2017

  2. More Red Flags That Increase Your Odds of Being Audited by the IRS | 2017

  3. A Handy Calendar of Important Small Business Tax Dates | 2017

  4. Small Business IRS Tax Forms and Guide | 2017

  5. 5 IRS Tax Facts for Self-Employed Small Business Owners | 2017

  6. Things The IRS Wants You to Know about Filing Late and Paying Penalties | 2016

  7. It’s Tax Day: What Are Your Chances of Being Audited? | 2016

  8. Seven Last-Minute Tax Filing Tips From the IRS | 2016

  9. Five Things the IRS Wants You to Know About Filing a Tax Extension | 2016

  10. Home Office Tax Deduction Resources From the IRS | 2016

  11. Owning a Small Business and 14 Other Red Flags Increasing The Odds You’ll be Audited

  12. How to Keep From Overpaying Unemployment Insurance Taxes

  13. How to Save Tax and Personal Financial Data Without Having Your Identity Stolen

  14. How Much Tax You’ll Pay on Your $1.3 Billion Powerball Winnings

  15. A Dozen Business-Related Tax Incentives in the 2016 Budget, Spending Bill

  16. A Small Business Year-end Tax Tip That Helps Throughout the Year

  17. Six Tax Tips for Year-end Charitable Giving | 2015

  18. Small Business Tax Day Countdown: A New Taxpayer Bill of Rights

  19. Small Business Tax Day Countdown: Good News, Bad News on How-to Find a Good Tax Preparer

  20. Affordable Care Act Tax Information From the IRS

  21. Small Business Tax Day Countdown: Last Minute Tax Help You Can Find on the IRS.gov Website

  22. You Must Pay Taxes on Time, but Here are Ways to File an Extension for Turning in Your Tax Forms

  23. Small Business Tax Day Countdown: While Tax Preparation is Rarely Free, Online Tax Filing Is

  24. Know the Difference Between an Employee and an Independent Contractor

  25. Rollover Business Startups (ROBS) are Risky, May Violate Tax Laws

  26. New Ways States are Finding Small Business Tax Evaders

  27. Tax-free Commuter (Even by Bicycle) & Parking Expenses

  28. Add Up Your Healthcare Premiums With This ACA Tax Subsidy Calculator

While businesses with less than 50 employees are not required to provide employees healthcare insurance, many do. If you are one of those companies, then you must adhere to the guidelines of the Affordable Care Act (ACA). If you don’t provide healthcare insurance through a group plan, you are required to purchase healthcare coverage for yourself or pay a penalty (tax) as part of your annual federal taxes.

The IRS provides a wide range of resources related to the ACA. Here are links to many of them:

Find Out More About Health Coverage Exemptions Based on Income
Health Care Tax Tip 2015-23, April 3, 2015

ACA resources for individuals and families available on IRS.gov/aca
Health Care Tax Tip 2015-22, April 2, 2015

Determine if You Can Benefit from the Premium Tax Credit
Health Care Tax Tip 2015-21, March 26, 2015

The Premium Tax Credit – The Basics
Health Care Tax Tip 2015-20, March 25, 2015

The Individual Shared Responsibility Provision – The Basics
Health Care Tax Tip 2015-19, March 20, 2015

What Kind of Health Insurance Qualifies as Minimum Essential Coverage?
Health Care Tax Tip 2015-18, March 19, 2015

Affordable Care Act Consumer Alert: Choose Your Tax Preparer Wisely
Health Care Tax Tip 2015-17, March 13, 2015

How You Can Benefit from the Premium Tax Credit
Health Care Tax Tip 2015-16, March 10, 2015

Calculating an Individual Shared Responsibility Payment
Health Care Tax Tip 2015-15, March 6, 2015

The Health Care Law and Taxes: Reporting Coverage, Exemptions and Payments
Health Care Tax Tip 2015-14, March 5, 2015

Changes to Small Business Health Care Tax Credit
Health Care Tax Tip 2015-13, February 26, 2015

Health Care Law Affects 2014 Tax Returns – Tax Help Available
Health Care Tax Tip 2015-12, February 19, 2015

Maintaining Health Insurance Coverage Documentation for the Tax Filing Season
Health Care Tax Tip 2015-11, February 17, 2015

Get to Know the Health Insurance Marketplace
Health Care Tax Tip 2015-10, February 13, 2015

Obtaining and Claiming a Health Coverage Exemption
Health Care Tax Tip 2015-09, February 12, 2015

Important Information about Advance Payments of the Premium Tax Credit and Your Tax Return
Health Care Tax Tip 2015,-08, February 5, 2015

Taxpayers Will Use New Information Statement to claim Premium Tax Credit
Health Care Tax Tip, 2015-07, February 4, 2015

The Health Care Law’s Effect on You
Health Care Tax Tip 2015-06, January 29, 2015

The Health Care Law’s Effect on Your Tax Return
Health Care Tax Tip 2015-05, January 27, 2015

The Individual Shared Responsibility Provision brings changes to 2014 Income Tax Returns
Health Care Tax Tip 2015-04, January 23, 2015

Premium Tax Credit Brings Changes to Your 2014 Income Tax Returns
Health Care Tax Tip 2015-03, January 22, 2015

The Health Care Law – Getting Ready to File Your Tax Return
Health Care Tax Tip 2015-02, January 21, 2015

Health Care Law Brings Changes to IRS Tax Forms
Health Care Tax Tip 2015-01, January 13, 2015

New IRS Publication helps you understand the Health Care Law
Health Care Tax Tip 2014-23, Dec. 23, 2014

It’s Not Too Late to Report Changes in Circumstances that May Affect Your Premium Tax Credit
Health Care Tax Tip 2014-22, Oct. 31, 2014

Information for Employers about Their Responsibilities Under the Affordable Care Act
Health Care Tax Tip 2014-21, Oct. 16, 2014

Small Employers Should Check Out the Health Care Tax Credit
Health Care Tax Tip 2014-20, Oct. 8, 2014

New IRS Publication Helps You Find out if You Qualify for a Health Coverage Exemption
Health Care Tax Tip 2014-19, Sept. 23, 2014

The Individual Shared Responsibility Payment
Health Care Tax Tip 2014-18, Sept. 16, 2014

Moving Can Affect Your Premium Tax Credit
Health Care Tax Tip 2014-17, Sept. 12, 2014

Getting Married Can Affect Your Premium Tax Credit
Health Care Tax Tip 2014-16, Aug. 26, 2014

IRS: Now is the Time for a Mid-Year Premium Tax Credit Checkup
Health Care Tax Tip 2014-15, Jul. 18, 2014

IRS.gov has information about the health care law and its effect on your taxes
Health Care Tax Tip 2014-14, Jul. 16, 2014

Find out if You Qualify for a Health Insurance Coverage Exemption
Health Care Tax Tip 2014-13, Apr. 17, 2014

Find Out if Your Health Insurance Coverage is Considered Minimum Essential Coverage Under the Affordable Care Act
Health Care Tax Tip 2014-12, April 10, 2014

Time May be Running Out — March 31 is an Important Deadline
Health Care Tax Tip 2014-11, March 25, 2014

What do I need to know about the Health Care Law for my 2013 Tax Return?
Health Care Tax Tip 2014-10, March 18, 2014

What You Need to Know about the Amount of Health Insurance Reported on Form W-2
Health Care Tax Tip 2014-09, March 13, 2014

Small Business Health Care Tax Credit
Health Care Tax Tip 2014-08, March 10, 2014

Changes in Circumstances can Affect your Premium Tax Credit
Health Care Tax Tip 2014-07, March 25, 2014

Four Tax Facts about the Health Care Law for Individuals
Health Care Tax Tip 2014-06, March 11, 2014

Three Timely Tips about Taxes and the Health Care Law
Health Care Tax Tip 2014-05, March 6, 2014

The Individual Shared Responsibility Payment – An Overview
Health Care Tax Tip 2014-04, March 20, 2014
pub/irs-pdf/p5201.pdf
The Premium Tax Credit (PDF)
Health Care Tax Tip 2014-03, February 25, 2014

The Health Insurance Marketplace – Learn about Your Health Insurance Coverage Options
Health Care Tax Tip 2014-02, February 25, 2014

IRS Reminds Individuals of Health Care Choices for 2014
Health Care Tax Tip 2014-01, February 25, 2014