The mandate in ObamaCare requiring Americans to buy health insurance is poised to go into full effect as a result of the recent Supreme Court ruling. But the IRS has no plans to get agents involved in enforcing the mandate – or at least not to the agency’s fullest extent.You'll just be fined into the poorhouse instead...
A top IRS official says the agency does not plan to perform audits or penalize those who fail to buy the insurance.
President Obama’s law overhauling U.S. health care -- passed in 2010 and upheld by the high court this year -- charges most Americans a penalty if they fail to buy insurance starting in 2014.
“We will not use levies, liens or criminal prosecutions if taxpayers have unpaid amounts related to the individual-coverage provision,” Steven Miller, an IRS deputy commissioner, said Tuesday at a House Ways and Means subcommittee hearing. “There will not be revenue agents involved in this. These will not be audits.”
Sunday, September 16, 2012
Nothing To Fear
The good news for those not covered: The IRS won't be going after you: