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How the suspension of personal exemptions affects health-care-related provisions

by Sally P. Schreiber, J.D. | Oct 22, 2018   ()
The IRS on Thursday explained how taxpayers who may be eligible for the Sec. 36B premium tax credit or who may have to pay the Sec. 5000A shared-responsibility payment should determine their status now that the law known as the Tax Cuts and Jobs Act, P.L. 115-97, has reduced the personal exemption deduction under Sec. 151 to zero (Notice 2018-84).

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Source: Journal of Accountancy

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