The IRS announced the issuance of two electronic publications containing information for individuals and families about the Affordable Care Act (ACA).
These one-page publications are available on the IRS website and can be used by individuals, tax professionals, health care professionals and other stakeholders for educational and outreach purposes.
Publication 5152, Report changes to the Marketplace as they happen…, discusses the importance of reporting changes in circumstances, such as family size and income changes that can affect the Premium Tax Credit, to the health insurance Marketplace. Reporting changes can help individuals and families avoid getting too much or too little in advance credit payments.
Publication 5156, Facts about the Individual Shared Responsibility Provision, discusses what individuals need to know regarding health insurance coverage and taxes.
These two publications will supplement several earlier IRS ACA flyers:
Publication 5120 (English) and Publication 5120SP (Spanish) – Facts about the Premium Tax Credit (Flyer)
Publication 5121 (English) and Publication 5121SP (Spanish) – Facts about the Premium Tax Credit (Tri-fold Brochure)
Publication 5093 –Health Care Law Online Resources