Health Care Online Estimating Tools

The IRS's Taxpayer Advocate Service has developed several tools for individuals and employers to assist in estimating their Affordable Care Act (ACA) credits and payments.

The Premium Tax Credit Change Estimator, available at www.taxpayeradvocate.irs.gov/estimator/premiumtaxcreditchange , estimates the amount of the credit if the taxpayerÆs income or family size changes during the year.

The Individual Shared Responsibility Payment Estimator, available at www.taxpayeradvocate.irs.gov/estimator/isrp , can help estimate the payment amount if the taxpayer did not have minimum essential coverage during the year.

The Small Business Health Care Credit Estimator can help determine eligibility and the amount of the potential credit. This estimator is available at www.taxpayeradvocate.irs.gov/estimator/smallbusiness2014 .

Posted on July 13, 2015