The IRS routinely works with taxpayers who owe amounts they cannot afford to pay. The law prohibits the IRS from using liens or levies to collect any individual shared responsibility payment. However, if you owe a shared responsibility payment, the IRS may offset that liability against any tax refund that may be due to you.
Articles in this section
- I don’t qualify for tax credits and I’m healthy. Are there private healthcare plans in Maryland?
- I don’t qualify for tax credits and I’m healthy. Are there private healthcare plans in Washington State?
- Does Unemployment Compensation Count as Income?
- Is my health insurance tax deductible?
- Health Insurance for Small Independent Accounting Firms
- What is the penalty for not having health insurance in 2023?
- Can I deduct the miles that I put on my car from taxes?
- What is the 2017 Process for Reconciling APTC?
- What Happens If I Owe a Penalty for Not Having Insurance, But I Cannot Afford to Make the Payment When Filing my Tax Return?
- Are Non U.S. Citizens Subject to the Tax Penalty (or the individual shared responsibility payment) if They are Uninsured?
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