Within the Affordable Care Act, does a spouse and dependent children have to be covered under the same policy or plan that covers the taxpayer?

No. You, your spouse and your dependent children do not have to be covered under the same policy or plan.

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Within the Affordable Care Act, if a person receive my coverage from my spouse’s employer, will I have minimum essential coverage?

Yes. Employer-sponsored coverage is generally minimum essential coverage.

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Within the Affordable Care Act, are all individuals living in the United States subject to the individual shared responsibility provision?

All U.S. citizens living in the United States are subject to the individual shared responsibility provision as are all permanent

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Within the Affordable Care Act, are senior citizens subject to the individual shared responsibility provision?

Yes. Senior citizens must have minimum essential coverage or qualify for an exemption for each month in a calendar year.

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Within the Affordable Care Act, are children subject to the individual shared responsibility provision?

Yes. Each child must have minimum essential coverage or qualify for an exemption for each month in the calendar year. Otherwise, the adult or married couple who can claim the child as a dependent for federal income tax purposes will generally owe a shared responsibility payment for the child. #TaxGuyofLI #GardenCity

Within the Affordable Care Act, what are the statutory exemptions from the requirement to obtain minimum essential coverage?

They are for Religious conscience, Health Care ministry, Indian Tribe, Income below income tax filing requirement Short coverage gap, Hardship, Affordability, Incarceration or not lawfully present. #TaxGuyofLI #GardenCity

Within the Affordable Care Act, when does the individual shared responsibility provision go into effect?

The provision went into effect on Jan. 1, 2014. It applies to each month in the calendar year.  #TaxGuyofLI #GardenCity

What is the individual shared responsibility provision in the Affordable Care Act ?

Under the Affordable Care Act, the individual shared responsibility provision calls for each individual to have minimum minimum essential health coverage (known as minimum essential coverage) for each month, qualify for an exemption, or make a payment when filing his or her federal income tax return.

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Within the Affordable Care Act, who is subject to the individual shared responsibility provision? #taxguyofli #gardencity

The provision applies to individuals of all ages, including children. The adult or married couple who can claim a child or another individual as a dependent for federal income tax purposes is responsible for making the payment if the dependent does not have coverage or an exemption.

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What is the individual shared responsibility provision in the Affordable Care Act ?

Under the Affordable Care Act, the individual shared responsibility provision calls for each individual to have minimum minimum essential health coverage (known as minimum essential coverage) for each month, qualify for an exemption, or make a payment when filing his or her federal income tax return.

#TaxGuyofLI #GardenCity