It’s Official: The IRS Will Raid Your Tax Data Through Obamacare

“Surprise, Surprise, Surprise!” as Gomer Pyle used to say… except for those who read the bill… and exactly why they have been working so hard to wake America up.

IRS Obamacare Personal Data

So, it is official, the IRS will be getting personal data from the healthcare exchanges in order to help it implement Obamacare… And as Americans continue to be corralled into a government-mandated healthcare plan, it will be even more difficult to protect personal data.   (AP Photo/J. David Ake, File)

The Blaze  –  Cross-Posted at THITW: The Internal Revenue Service this week will publish a final rule requiring Obamacare health insurance exchanges to hand over key personal data to the IRS, which will use the information to implement the tax aspects of the controversial health care law.

The IRS rule covers health exchanges that sell insurance to individuals, and it takes effect this year. That means people enrolled in an Obamacare exchange this year will have their information given to the IRS as soon as it’s needed for tax purposes.Information to be handed over from Obamacare exchanges includes names, addresses, taxpayer identification numbers, insurance premium amounts, the name of the insurance issuer, and the insurance plan policy number issued by the exchanges.

The IRS says this data is needed to assess whether people are eligible for a health insurance tax credit. “This tax credit can help make purchasing health insurance coverage more affordable for people with moderate incomes,” according to the IRS.

The rule is being published amid ongoing concerns about data security, and after the troubled launch of the website that exposed many technical glitches. Those issues have some worried that the personal data people give to the exchanges will be at risk.

House Republicans have passed a few bills aimed at addressing this potential problem. In January, for example, the House passed the Exchange Information Disclosure Act, which would require the government to tell people whenever their personal information has been compromised.

Republicans have also passed legislation requiring weekly updates from the administration on how the law is being implemented, including details about website glitches.

So far, however, only the House has passed these bills, and the Senate has not given any indication it will consider them.

The final IRS rule follows draft regulations that were issued last summer. Those rules were put out for public comment, and the final rules to be published this week were tweaked in some ways in response to those comments.

But the IRS also ignored some requests to alter the rule. For example, the draft rule said exchanges must tell the IRS whether a person enrolled in an Obamacare plan by a taxpayer is that taxpayer’s dependent. The commenter said the IRS should have that information, and that it therefore doesn’t need to be reported.

But the IRS said it would not change this rule.

“The final regulations do not adopt this comment because information the IRS provides as part of the verification process is from the taxpayer’s most recently filed tax return, which may be two years old,” the rule states.

The final IRS rule is due to be published on Wednesday.

The IRS Will Now Be Able to Seize Individual’s Personal Information Through ObamaCare

Photo Credit: Federales (Creative Commons)


About Ask Marion

I am a babyboomer and empty nester who savors every moment of my past and believes that it is the responsibility of each of us in my generation and Americans in general to make sure that America is as good or even a better place for future generations as it was for us. So far... we haven't done very well!! Favorite Quotes: "The first 50 years are to build and acquire; the second 50 are to leave your legacy"; "Do something that scares you every day!"; "The journey in between what you once were and who you are becoming is where the dance of life really takes place". At age 62 I find myself fighting inoperable uterine Cancer and thanks to the man upstairs and the prayers from so many people including many of my readers from AskMarion and JustOneMorePet... I'm beating it. After losing our business because of the economy and factors related to the re-election of President Obama in 2012 followed by 16-mos of job hunting, my architect-trained husband is working as a trucker and has only been home approximately 5-days a month since I was diagnosed, which has made everything more difficult and often lonely... plus funds are tight. Our family medical deductible is 12K per year for two of us; thank you ObamaCare. But thanks to donations from so many of you, we are making ends meet as I go through treatment while taking care of my father-in-law who is suffering from late stage Alzheimer's and my mother-in-law who suffers from RA and onset dementia as well as hearing loss, for which there are no caretaker funds, as I continue the fight here online to inform and help restore our amazing country. And finally I need to thank a core group of family, friends, and readers... all at a distance, who check in with me regularly. Plus, I must thank my furkids who have not left my side through this fight. You can see them at JustOneMorePet.
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One Response to It’s Official: The IRS Will Raid Your Tax Data Through Obamacare

  1. I don’t understand why this is a matter of any concern. It doesn’t represent any kind of change. The IRS is already, and has long been entitled to your information on any reason you might owe taxes, using any source they can obtain it from. If your information is incomplete or inaccurate, they have the power to fine and/or audit you. Your employers have to report your income, and so do you. You already include your health expenditures in your annual tax filings, in order to qualify for deductions. If you have private insurance through other sources than the exchanges, they have to report their commerce with you to the IRS as part of their taxes. You have to report any form of benefits you receive, including Medicaid or Medicare already. Why shouldn’t that also be true if you get insurance through the exchanges?

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