The Patient Protection and Affordable Care Act (ACA) is a federal law signed by the President in 2010. The law expands access to health insurance and creates a requirement to maintain coverage. Beginning in 2015, taxpayers will be responsible for the following during tax time:
When having your taxes prepared, you may need to bring additional documentation to aid in the preparation of your return. If you are uninsured, you may need to pay a penalty if you are not eligible for an exemption. VITA assists taxpayers with all tax time responsibilities related to the Affordable Care Act at no cost.