To be complete and accurate, 2018 federal tax returns must indicate whether they have health coverage. Taxpayers that had full-year qualifying health coverage may check the box on the front of the return. Those that qualify for an exemption file Form 8965 (“Health Coverage Exemptions”). Nonexempt taxpayers that didn’t have full-year coverage must report a shared responsibility payment. That payment will be reduced to zero for 2019 and beyond, thanks to the Tax Cuts and Jobs Act. (IRS Tax Tip 2019-20) Contact the Cg Team with questions via the form to the right or call 732.676.4100. © 2019