I didn't do it for Romneycare, and I won't do it for kenyancare.
Posted on 11/01/2012 11:07:24 AM PDT by Red Badger
Here's why the IRS will require Americans to disclose their personal health ID information starting in 2014
When Obamacare’s individual mandate takes effect in 2014, all Americans who file income tax returns must complete an additional IRS tax form. The new form will require disclosure of a taxpayer’s personal identifying health information in order to determine compliance with the Affordable Care Act’s individual mandate.
As confirmed by IRS testimony to the tax-writing House Committee on Ways and Means, “taxpayers will file their tax returns reporting their health insurance coverage, and/or making a payment”.
So why will the Obama IRS require your personal identifying health information?
Simply put, there is no way for the IRS to enforce Obamacare’s individual mandate without such an invasive reporting scheme. Every January, health insurance companies across America will send out tax documents to each insured individual. This tax document—a copy of which will be furnished to the IRS—must contain sufficient information for taxpayers to prove that they purchased qualifying health insurance under Obamacare.
This new tax information document must, at a minimum, contain: the name and health insurance identification number of the taxpayer; the name and tax identification number of the health insurance company; the number of months the taxpayer was covered by this insurance plan; and whether or not the plan was purchased in one of Obamacare’s “exchanges.”
This will involve millions of new tax documents landing in mailboxes across America every January, along with the usual raft of W-2s, 1099s, and 1098s. At tax time, the 140 million families who file a tax return will have to get acquainted with a brand new tax filing form. Six million of these families will end up paying Obamacare’s individual mandate non-compliance tax penalty.
As a service to the public, Americans for Tax Reform has released a projected version of this tax form to help families and tax specialists prepare for this additional filing requirement. Taxpayers may view the projected IRS form at www.ObamacareTaxForm.com. On the form, lines 3-4 show where taxpayers will disclose their personal identifying health information.
You have to for the good of the country. Obama will be sending out unmanned drones to locate holdouts who ‘can afford’ to pay it.
In fact that would be a great job for the (undoc) Dreamers in AZ, to track down the holdouts for the IRS.
bttt
” In fact that would be a great job for the (undoc) Dreamers in AZ, to track down the holdouts for the IRS. “
LOL.....most of them are hiding from the IRS.
Good GOD Almighty, if this isn’t enough motivation to throw the Marxist a-hole, Holder, the bitch Jarrett and company out on their collective rears, I don’t know what is.
If you don’t comply then you aren’t providing the proof that you are acceptably insured and you pay the tax penalty. I think they’re OK with that.
What is your take on that document in the link I posted?
My employer takes out $ for the healthcare, so
A) government already knows I have healthcare coverage.
B) the employer should be the ones filling out the paperwork.
My take is that’s why I buy tax preparing software and hopefully they will figure it out in the next couple of years before it becomes an issue. My guess is there will be a new checkbox on the W2 where in it is indicated whether or not your employer has provided you with acceptable insurance and informed the government of same, so if that box says they haven’t told the government you’ll have to and if it says they have you don’t have to.
I didn't do it for Romneycare, and I won't do it for kenyancare.
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