To The Point Podcast: IRS Reverses Policy on Certifying Individual Mandate Compliance

On Oct. 13, 2017, the IRS reversed a recent policy change in how it monitors compliance with the ACA’s individual mandate. For the upcoming 2018 filing season (filing 2017 tax returns) the IRS will not accept electronically filed tax returns where the taxpayer does not certify whether the individual had health insurance for the year. Also, paper returns that do not certify compliance with the individual mandate may be suspended pending receipt of additional information, and any refunds due may be delayed. Tune in to learn how taxpayers should handle their 2017 returns.