AICPA Vice President of Taxation Edward Karl, CPA, CGMA, said, ?Taxpayers will be in one of three situations ? they will have had health insurance that met the requirements for minimum essential coverage under the Affordable Care Act, will have qualified for an exemption or will owe the penalty

Source: http://feedproxy.google.com/~r/AICPA_PressCenter/~3/-XN2UhnWHWI/aicpa-answers-taxpayer-aca-questions.aspx
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