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. 
(For healthcare coverage options, visit the marketplace at https://www.healthcare.gov/).
- Find out if you are eligible for the credit
- Claim and reconcile the credit on Form 8962
- Report changes in circumstances
Related read: The ACA Ruling on Healthcare Subsidies
Source: IRS,gov
The ACA can be confusing. Let the Zinner tax team help you navigate through the maze of ACA deadlines, credits, and options whether you are a business owner or individual taxpayer. Contact us at 216-831-0733 or hkass@zinnerco.com
