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Cedar Rapids Iowa online Form 8965: What You Should Know
Health Coverage Exemptions— eFile.com. However, you should still be mindful that the IRS considers you to be in compliance with the shared responsibility provisions if you file a joint return, but one tax return with the exemption for the covered life, health, and long-term disability insurance coverage. “This is a great example of a tax system that works, where the taxpayer is not just responsible, but they are on the hook for not having the right to affordable health care,” says Eric Smith, a senior analyst for Realtor.org. In the past health insurance providers have had incentives to push people with pre-existing health conditions to buy more health insurance, thereby increasing total premiums. However, many insurance providers are now being threatened by the rise of Obamacare, and they may be forced to cease offering health care coverage that costs the same or even more, and reduce other benefits.
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