IRS’ Friendly Reminder to Make Obamacare Payment (or Else) is Dripping in Leftist Language
The IRS website yesterday added “Four Tax Facts about the Heathcare Law For Individuals” on its Newsroom page. The complete text of the “Tax Tip”:
IRS Health Care Tax Tip 2014-06
There are a few basic tips to keep in mind about the new health care law. Health insurance choices you make now may affect the income tax return you file in 2015.
1. Most people already have qualified health insurance coverage and will not need to do anything more than maintain qualified coverage throughout 2014.
2. If you do not have health insurance through your job or a government plan, you can buy it through the Health Insurance Marketplace.
3. If you buy your insurance through the Marketplace, you may be eligible for an advance premium tax credit to lower your out-of-pocket monthly premiums.
4. Your 2014 tax return will ask if you had insurance coverage or qualified for an exemption. If not, you may owe a shared responsibility payment when you file in 2015.
What should you do now?
If you or your family does not have health insurance, find out more now. Talk to your employer about the coverage they offer, or visit the Marketplace online.
Find out more about the health care law and the Marketplace at www.HealthCare.gov.
Find out more about the premium tax credit and the shared responsibility payment at www.IRS.gov/aca.
Source: http://www.meridianteaparty.com/irs-friendly-reminder-to-make-obamacare-payment-or-else-is-dripping-in-leftist-language/?utm_source=rss&utm_medium=rss&utm_campaign=irs-friendly-reminder-to-make-obamacare-payment-or-else-is-dripping-in-leftist-lan
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The below link is to the law itself.. the IRS is powerless to make you pay any fines! they cannot lien your property or bank accounts, they cannot attach your paycheck IF YOU DO NOT COMPLY WITH THE LAW!
http://www.gpo.gov/fdsys/pkg/PLAW-111publ148/pdf/PLAW-111publ148.pdf
PAGE 13
(3) LIMITATIONS ON LIENS AND LEVIES.—THE SECRETARY (OR,
IF APPLICABLE, THE ATTORNEY GENERAL OF THE UNITED STATES) SHALL
NOT—
(A) FILE NOTICE OF LIEN WITH RESPECT TO ANY PROPERTY
OF A PERSON BY REASON OF ANY FAILURE TO PAY THE PENALTY
Page 131 of the law
‘‘(2) SPECIAL RULES.—NOTWITHSTANDING ANY OTHER PROVISION
OF LAW—
‘‘(A) WAIVER OF CRIMINAL PENALTIES.—IN THE CASE OF
ANY FAILURE BY A TAXPAYER TO TIMELY PAY ANY PENALTY IMPOSED
BY THIS SECTION, SUCH TAXPAYER SHALL NOT BE SUBJECT TO ANY
CRIMINAL PROSECUTION OR PENALTY WITH RESPECT TO SUCH FAILURE.
‘‘(B) LIMITATIONS ON LIENS AND LEVIES.—THE SECRETARY
SHALL NOT—
‘‘(I) FILE NOTICE OF LIEN WITH RESPECT TO ANY PROPERTY
OF A TAXPAYER BY REASON OF ANY FAILURE TO PAY THE
PENALTY IMPOSED BY THIS SECTION, OR
‘‘(II) LEVY ON ANY SUCH PROPERTY WITH RESPECT TO
SUCH FAILURE.’’