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What is Form 1095-B: Health Coverage
Form 1095-B is a tax form that reports the type of health insurance coverage you have, any dependents covered by your insurance policy, and the period of coverage for the prior year. This form is used to verify on your tax return that you and your dependents have at least minimum qualifying health insurance coverage. Read more…

How Health Care Reform Has Changed the Way You Pay Taxes
With the passage of the Affordable Care Act, it's time to think about how it will affect your taxes. Whether your income is high, low or in-between, everyone will likely be affected in some way. Here's a year-by-year breakdown of what's on the horizon and details about how the new law may change the amount of tax you pay. Read more…

Know the Key Dates for Health Care Reform
The Affordable Care Act (ACA) open enrollment periods vary from year-to-year, but are expected to continue to be late in fall to early winter. Being aware of health care reform key dates can mean avoiding tax penalties for remaining uninsured. Read more…

What is Form 1095-C: Employer-Provided Health Insurance Offer and Coverage
The Affordable Care Act, or Obamacare, requires certain employers to offer health insurance coverage to full-time employees and their dependents. Further, those employers must send an annual statement to all employees eligible for coverage describing the insurance available to them. The Internal Revenue Service (IRS) created Form 1095-C to serve as that statement. Read more…

What Are the Tax Penalties for Smokers?
This requirement for minimum essential coverage (MEC) under the Affordable Care Act applies to smokers and nonsmokers alike. If you're not covered by an employer's health plan and are a smoker, you can go to the health care marketplace to find MEC. If you're still unable to comply, you may have a penalty applied. Read more…


More ACA Articles

Will Medicare/Medicaid be Impacted by ACA? How to Determine if You Have Minimum Essential Coverage (MEC) Affordable Care Act Decoded The Most Important Tax Forms for ALEs (Applicable Large Employers) Are You Exempt From Health Care Coverage? What is Employer Sponsored Coverage? What is Form 1095-A: Health Insurance Marketplace Statement Does Medicare Count as Minimum Essential Coverage (MEC) Video: How to Claim the Affordable Care Act Premium Tax Credit (Obamacare) Does Your Company Need to File Form 1095-B? What is Code Section 6056 for Health Care Reform? Affordable Care Act (Obamacare) Survival Guide For ALEs What is the Difference Between Forms 1094-C and 1095-C? 5 Steps to Navigate the Health Care Marketplaces What is the Premium Tax Credit? Are Out-of-Pocket Medical Expenses Covered by ACA? Finding Your Health Care Marketplace What is an ALE (Applicable Large Employer) for Health Care Reform? Do VA Benefits Count as Medical Insurance Coverage Under Obamacare? Health Care and Your Taxes: What's the Connection? Essential Tax Forms for the Affordable Care Act (ACA) What the Affordable Care Act Means for Vets How Does IRS Form 1095-B Affect Small Businesses? Employer Sponsored Health Coverage Explained What Is the Individual Mandate for Health Care Reform? Understand and Avoid Health Care Reform Tax Penalties What is Form 1094-B: Transmittal of Health Coverage Information Returns? What are 1095 Tax Forms for Health Care? What is the Shared Responsibility Payment? Video: The Affordable Care Act Tax Penalty Explained (Obamacare) What Is the Individual Shared Responsibility Provision? Video: Affordable Health Care Act Explained—Obamacare Facts Video: What is the Affordable Care Act Individual Mandate? Video: Who Qualifies for an Affordable Care Act Exemption (Obamacare)?

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