The IRS, The ACA and You

If you don't have health insurance and don't qualify for an exemption, the IRS will come after you.

Nobody wants the IRS on their backs but that’s exactly what will happen if you don’t have health insurance and don’t qualify for an exemption. That’s a rule in the new federal healthcare law… disobey it and your tax return gets docked 1% of household income or $95 per adult and $47 per child.

The government calls it a shared responsibility payment… it’s really a tax.