Tax Reform Series 6 – Individual Health Insurance Mandate Penalty Eliminated

12 January 2018 | by Cordasco

Plain Language of Change:

The penalty for failing to maintain health insurance is eliminated for months beginning after December 31, 2018
The penalty still applies to the 2018 tax year
No other provisions of the Affordable Care Act are affected
Premium Tax Credit is still applicable

Detailed Analysis of Individual Health Insurance Mandate Penalty Elimination

Cordasco & Company PC is a boutique CPA firm specializing in federal and state tax issues. We provide customized tax and accounting services specifically designed to help our clients capitalize on the rapidly changing tax and accounting environments.

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Tax Reform Series 6 – Individual Health Insurance Mandate Penalty Eliminated

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