The chairman of the House Small Business Committee says the Internal Revenue Service (IRS) has to simplify Patient Protection and Affordable Care Act mandate compliance.
Rep. Sam Graves, R-Mo., says in a letter to IRS Commissioner John Koskinen that the draft version of Form 8965, the form for individuals who want to claim an exemption from the PPACA individual coverage mandate, includes 15 pages of forms, instructions and work sheets.
Another draft form, for Form 8962 — for taxpayers who want to claim a premium tax credit — now includes 12 pages of forms, instructions and worksheets, Graves writes.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
