Daily Archives: March 19, 2015

Obamacare tax requirements

Many Americans unaware of Obamacare tax requirements.

Last year, for the first time, most Americans were required by the Affordable Care Act to have some kind of health coverage or be subject to a tax penalty. But this year is the first that the tax is being collected—and the first time that income tax returns ask about filer’s health coverage.

The Kaiser poll found that 53 percent overall—and 57 percent of people without health insurance—know that this is the first year they are required to disclose their coverage status.

About a third overall named a different year for the requirement, and 16 percent admitted to not knowing when the requirement starts.

Among respondents who personally completed and filed their returns, 76 percent said they had seen “a place to indicate whether they had health insurance,” according to Kaiser.

But the remaining self-filers either didn’t see such a place, or were unsure if they did see it, the poll found.

Sounds like the Obamacare marketing leaves just a little to be desired!