IRS Health Care Tax Tip 2016-32, March 16, 2016 UPDATE March 21, 2016: #4 was updated to indicate that you are subject to the payment if at least one full-time employee receives the premium tax credit and any one of these conditions apply. The health care law includes the employer shared responsibility provisions, which require applicable large employers to offer health coverage to full-time employees and their dependents. Those that do not offer coverage might be subject to the employer shared responsibility payment. Here are six facts about these provisions. 1. These provisions apply to applicable large employers, which includes tax-exempt and federal, state, local and Indian tribal government employers. You’re an applicable large employer if you have 50 or more full-time employees, including full-time equivalents. 2. If you have fewer than 50 full-time employees, including full-time equivalents, you are not an applicable large employer and are generally not subject to these provisions. However, you are subject to the rules for large employers if you have fewer than 50 employees, but are a member of an ownership group that has 50 or more full-time equivalent employees, 3. Under certain conditions relating to the employer’s maintenance of workforce and pre-existing health coverage, an employer won’t be assessed a payment for 2015. This transition relief is available for tax year 2015 for certain ALEs who have fewer than 100 full-time employees, including full-time equivalents. . 4. You are subject to the payment if at least one full-time employee receives the premium tax credit and any one these conditions apply. Your organization: failed to offer coverage to full-time employees and their dependents offered coverage that was not affordable offered coverage that did not provide a minimum level of coverage 5. You do not report or include an employer shared responsibility payment with any information return you file. 6. The IRS will contact you about your potential shared responsibility payment amount. You’ll have an opportunity to respond before the IRS assesses any liability or issues a notice and demand for payment. Subscribe to IRS Tax Tips Follow @IRSNews on Twitter Health care tax tips Consejos tributarios sobre el cuidado de la salud Consejos tributarios del cuidado de salud – Diciembre 2016 Health Care Tax Tips - November 2016 Health Care Tax Tips - October 2016 Consejos tributarios del cuidado de salud – Septiembre 2016 Consejos tributarios sobre el cuidado de la salud Related CuidadoDeSalud.gov Disposición de la Responsabilidad Compartida para Individuos El Crédito Tributario de Prima – Conceptos Básicos La Ley de Cuidado de Salud a Bajo Precio – Expectativas al presentar su declaración de impuestos Reúna sus documentos de cobertura médica para la temporada de impuestos Centro informativo sobre la ACA para profesionales en los impuestos (en inglés) Cómo corregir una declaración presentada electrónicamente que fue rechazada por falta de un Formulario 8962
