Americans paid $1.5 billion in indidvidual mandate fines/fee’s…

I remeber when the above healine would be screaming across the media….

It isn’t Now….

On July 17, the Internal Revenue Service (IRS) published results of the filing season for the 2014 tax year and the new tax provisions of the ACA. According to the most recent estimates, 7.5 million taxpayers paid $1.5 billion in penalty payments for the individual mandate in 2014. The IRS also shared other results from the most recent tax filing season:

2014 is the first year that taxpayers experienced changes to their tax returns due to the shared responsibility tax penalty and APTCs. These results are preliminary because many will get tax filing extensions and data corrections….


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