The Affordable Care Act which passed in 2010 has finally kicked in and will impact the filing of your tax return this year. The requirement is that all Americans (unless exempt) must obtain qualified health insurance for the whole year. The insurance requirement is for you and each dependent claimed on your return.

If you obtained insurance on the health insurance marketplace you will receive Form 1095-A. This form is necessary to properly report your health insurance coverage and to calculate any credit or penalty that may apply. If you have insurance, but not through the health insurance marketplace, the Forms 1095-B or 1095-C (for 2014) are voluntary. If you do not receive a Form 1095-B or 1095-C, you will need to provide us the following information:

• Health Insurer(s) for the year
• Number of months of coverage
• Family members covered by your health insurance throughout the year
• County of residence all year

Also, be particularly careful in filing any dependents’ tax returns as this may significantly impact the calculation of credit or penalty that may apply.