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Domestic Taxes

Health mandate could absorb tax refund

by Jay Heflin - 04/15/10 9:26 PM ET
by Jay Heflin - 04/15/10 9:26 PM ET

“We have a refund offset mechanism in order to enforce that provision [the healthcare mandate],” Miller told Finance members at a hearing on IRS enforcement.

The healthcare law stipulates that the IRS receive documentation from insurance companies confirming that taxpayers are adequately covered. If the agency determines that the coverage is lacking, it will issue a notice to the taxpayer notifying them of the fine.

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