Sunday, July 14, 2013

IRS Issues Guidance on Minimum Essential Health Coverage, Shared-Responsibility Penalty

The IRS issued two notices defining minimum essential coverage for purposes of the Sec. 36B premium tax credit and providing relief from the shared-responsibility penalty under Sec. 5000A for individuals covered by non-calendar year plans.

Source: http://feedproxy.google.com/~r/AICPA_Tax/~3/_GPw82s9Daw/20130627.aspx

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