The 2014 tax year will look very similar to past years; but 2015 is when you’ll see the changes.  You may:

pay more taxes (especially for high income earners – ie those above $200,000/year)

See forms and receive notices from the IRS that you’ve never seen before

Receive tax forms from your health insurance company which need to be given to your tax preparer

See an increase in the amount you pay to have your tax return completed

Be required to report “life changes” to the healthcare State Exchange program on a regular basis (if you’re receiving the Premium Assistance Credit“.

 

IRS Affordable Care Act Tax Provisions

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