- iSDaily Wednesday – February 21st, 2018 – Episode 033
On this episode of iSDaily Wednesday with The One True Niz and Paul Gordon, On NewsFire, California's Pro Mass Shooter Law On Skynetter, Getting Road for Robo Army Merica On Liberty Tech, Blockchain Banking Thanks to Amanda [...]The post iSDaily Wednesday – February 21st, 2018 – Episode 033 appeared first on iState. […]
The IRS will now insist that you tell them how you are managing your healthcare or else you won’t be able to file your taxes. The announcement is a reversal of what the IRS has said the last few years. As usual, when a government agent does something that is clearly a violation of basic human reality, they essentially pulled the “just following orders” card.
In a reversal, the Internal Revenue Service (IRS) has indicated that it will not accept electronically filed tax returns where the taxpayer does not address the health coverage requirements of the Affordable Care Act (ACA). This is in contrast to the 2017 filing season when the IRS took the position that it would accept and process tax returns where a taxpayer is silent on coverage. The tax agency said, at that time, that the treatment was consistent with their previous policy.
However, for the 2018 tax season, that will not be the case. According to the IRS, electronically filed tax returns will not be accepted “until the taxpayer indicates whether they had coverage, had an exemption or will make a shared responsibility payment.” Additionally, paper tax returns “may be suspended pending the receipt of additional information and any refunds may be delayed.”
The IRS said, about the change in position, that “[t]his process reflects the requirements of the ACA and the IRS’s obligation to administer the health care law.”