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Affordable Care Act (ACA) Tax Provisions

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The Affordable Care Act contains comprehensive health insurance reforms and includes tax provisions that affect individuals, families, businesses, insurers, tax-exempt organizations and government entities. These tax provisions contain important changes, including how individuals and families file their taxes. The law also contains benefits and responsibilities for other organizations and employers.

checkmark icon   The IRS recently expanded and updated the employer Q&As with more answers to employers’ questions about ACA information reporting requirements and shared responsibility provisions.
 Individuals & Families
 
 Employers

The law requires you and your dependents to have health care coverage, an exemption, or make a payment with your return.  If you purchased coverage from the Health Insurance Marketplace, you may be eligible for the premium tax credit.
 

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  The Affordable Care Act includes requirements for employers regarding heath care coverage. The size and structure of your workforce determines your responsibility. However, if you have no employees, the following information doesn’t apply to you.
 

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Page Last Reviewed or Updated: 22-Dec-2016

Go to HealthCare.gov to get more information about the Affordable Care Act from the Department of Health and Human Services.