What is the Affordable Care Act (ACA) individual mandate, and how does it impact taxpayers’ health insurance coverage and tax returns?

Modified on Tue, 10 Oct, 2023 at 4:19 PM

The Affordable Care Act (ACA) individual mandate required most Americans to have health insurance coverage. While the penalty for not having coverage was reduced to $0 in recent years, understanding health insurance-related tax implications remains important.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article