Taxpayers who receive the Advance Premium Tax Credit (APTC) from the Marketplace must file a tax return to reconcile the credit. Failure to file a 2014 return and reconcile the credit will result in a loss of APTC payments in 2016.
The Centers for Medicare and Medicaid Service (CMS) has announced a Special Enrollment Period for individuals who:
The Centers for Medicare and Medicaid Service (CMS) has announced a Special Enrollment Period for individuals who:
- previously attempted to enroll in 2016 coverage but are not receiving APTC payments because of failure to file their 2014 tax return and reconcile their 2014 APTC
- subsequently filed their 2014 tax return and recoinciled their 2014 APTC
- return to the Marketplace to update their application and attest to having filed and reconciled the 2014 APTC
