To: Red Badger; ding_dong_daddy_from_dumas; DoughtyOne; Gilbo_3; Impy; stephenjohnbanker; NFHale
When Obamacares 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 taxpayers personal identifying health information in order to determine compliance with the Affordable Care Acts 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.
RE :’So why will the Obama IRS require your personal identifying health information?
Simply put, there is no way for the IRS to enforce Obamacares 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 documenta copy of which will be furnished to the IRSmust contain sufficient information for taxpayers to prove that they purchased qualifying health insurance under Obamacare. “ ??? How about electronic filing of tax returns? Hard to believe that they will end those. Maybe that info will be included electronically.
Of course if you don't comply and don't have enough withholding to get a refund there is nothing they can do to you legally. If you get a tax credit like EITC they can keep that.
The real costly mandates are the popular ones like pre-existing conditions.
17 posted on
11/01/2012 12:42:44 PM PDT by
sickoflibs
(Romney is still a liberal. Just watch him. (Obama-ney Care ))
To: sickoflibs; Red Badger; ding_dong_daddy_from_dumas; DoughtyOne; Gilbo_3; Impy; stephenjohnbanker; ..
I won’t comply, this I guarantee you.
20 posted on
11/01/2012 1:20:43 PM PDT by
stephenjohnbanker
((God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.))
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