Affordable Care Act Tax Information for 2014The Department of Defense is not sending out Affordable Care Act (ACA) related tax forms for the 2014 tax year. You are to self-report, on your 1040 tax form, the months you, your family members, or both had minimum essential coverage.
For each month in 2014 you don’t have coverage, you may have to make a payment with your federal taxes. For more information, visit the IRS Shared Responsibility Provision page. .
ACA Tax Information for 2014As of January 2014, the Affordable Care Act requires:
For the 2014 tax year:
Health care plans, including TRICARE, report to the Internal Revenue Service which individuals have minimum essential coverage.
If you are interested in owning real estate in your IRA, don't fall for the "checkbook" control sales pitches you hear promoted everywhere.
Below is a link to a recent Tax Court ruling that discussed the pitfalls.