Basic Certification Topics: Exemptions
VITA/TCE ACA Tax Training Webinar TY2017
Presented on November 20, 2017, this webinar provides explanation of basic ACA certification topics for VITA and TCE volunteers, such as the requirement to maintain minimum essential coverage and how to claim an exemption from this requirement. It pays special attention to the exemption based on offers of unaffordable coverage.
This webinar series is designed to help VITA/TCE sites and other volunteer tax preparers understand the ACA components of a tax return in order to assist low-income tax clients for the 2017 tax season.
Presentation Slides
↓ View presentation slides (PDF)
↓ Download PowerPoint presentation slides (PPT)
Watch the Webinar
Minimum Essential Coverage Refresher
Jump to video section, View slides
ACA requirements for minimum essential coverage
Shared responsibility payment
Exemptions
Jump to video section, View slides
Exemptions from the coverage requirement
- Income below the filing threshold
- IRS exemptions: Form 8965, Part III
Deep Dive: Affordability Exemption
Jump to video section, View slides
IRS exemptions: Affordability exemption
- Example 1: Affordability of ESI
- Example 2: Marketplace affordability
- Example 3: Marketplace affordability
Marketplace exemptions: Form 8965, Part I
Q&A
Additional Resources
Webinar: Advance Certification Topic: Premium Tax Credit | View webinar