Health Care Tax Credit Newsletter

The IRS publishes its health care tax credit newsletter which discussing the impending sunset of the credit.

Document Excerpt

 The Health Coverage Tax Credit expires January 1, 2014.  

The legislation that authorizes the Health Coverage Tax Credit (HCTC) expires on January 1, 2014 and the tax credit will no longer be available. There is no indication from Congress that the HCTC will be extended. The HCTC Program does not have the authority to transition HCTC participants into any other federal health program. Additional information about other health care options can be found at www.healthcare.gov.

 

Link http://www.irs.gov/pub/irs-utl/hctc_partner_newsletter.pdf

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