ACA Tax Training Webinar Part I: Basic Certification Topics

Minimum Essential Coverage, Exemptions and the Shared Responsibility Payment

In this webinar, presented on October 26, 2015, Tara Straw, Senior Health Policy Analyst at CBPP, covers topics VITA/TCE volunteers must know to certify at the Basic level. This includes determining whether each person in the household had coverage for each month of 2015, whether a coverage exemption applies, and how to calculate the shared responsibility payment. We’ll cover changes to the exemptions and introduce two new tax forms filers may receive to indicate that they had insurance coverage.

This is the first session in a webinar series “ACA: What Tax Preparers Need to Know” that explains what volunteer tax preparers, outreach partners and others need to know about the Affordable Care Act to complete 2015 tax returns and to assist low-income tax clients. 

Presentation Slides

View slide deck PDF.

Watch the Webinar

Introduction and 2014 Tax Season

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Webinar agenda

Shared responsibility payment overview

2014: VITA/TCE tax year in review

  • Shared responsibility payment and exemptions
  • Premium tax credit


What’s New for Tax Year 2015

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New VITA/TCE scope

Anticipated TaxWise changes

New reporting statements: Forms 1095-B and 1095-C

Updates on coverage exemptions

2015 shared responsibility payment


Minimum Essential Coverage (MEC)

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What counts as minimum essential coverage?

FAQs on minimum essential coverage

Forms 1095-A/B/C (video section, slides)

  • Form 1095-B
  • Form 1095-C
  • Handling missing or incorrect 1095s


Q&A: Part I



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Exemptions for the coverage requirement

IRS Exemptions: Form 8965, Part II: Coverage exemptions for the household (video section, slides)

IRS Exemptions: Form 8965, Part III: Coverage exemptions for individuals (video section, slides)

Marketplace Exemptions: Form 8965, Part I (video section, slides)

  • Marketplace exemptions: Hardship


Shared Responsibility Payment

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Calculating the shared responsibility payment

  • Example: Single individual
  • Example: Family of four


Q&A: Part II

Additional Resources