Wagner Header

The Wagner Law Group Description 

The Wagner Law Group, A Professional Corporation, is a nationally recognized ERISA & employee benefits, estate planning, employment, labor & human resources practice. 


Established in 1996, The Wagner Law Group has 22 attorneys engaged exclusively in employee benefits, estate planning and employment law. Six of our attorneys are AV rated by Martindale-Hubbell as having very high to preeminent legal abilities and ethical standards. The firm is among the largest ERISA boutiques in the country. Our practice is national in scope, with clients in more than 40 states and several foreign countries.






Contact Info

The Wagner Law Group


  Integrity | Excellence


Massachusetts Office 

Tel: (617) 357-5200 

Fax: (617) 357-5250 

99 Summer Street 

13th Floor

Boston, MA 02110

Florida Office 

Tel: (561) 293-3590
Fax: (561) 293-3591
7108 Fairway Drive
Suite 125
Palm Beach Gardens, FL 33418


San Francisco Office

Tel: (415) 625-0002

Fax: (415) 358-8300

315 Montgomery Street

Suite 904

San Francisco, CA 94104







January 22, 2015


 Health and Welfare Law Alert




IRS Issues Forms and Instructions for Individual Mandate and Premium Tax Credits




The IRS has released new and revised forms and guidance to enable individuals to report their compliance with the individual shared responsibility mandate and premium tax credit provisions of the Affordable Care Act. According to the IRS, "[a]long with a few new lines on existing forms, there will also be two new forms that will need to be included with some tax returns. While most taxpayers will simply need to check a box on their tax return to indicate they had health coverage for all of 2014, there are also new lines on Forms 1040, 1040A, and 1040EZ related to the health care law."


One new form is Form 8965, "Health Coverage Exemptions" which will be used to report a Health Insurance Marketplace-granted coverage exemption or to claim an IRS-granted coverage exemption from the individual coverage requirement. Another is Form 8962 "Premium Tax Credit" which is used to reconcile advance payments of the premium tax credit, or to claim this credit on the tax return.


Additionally, if individuals purchased coverage through the Health Insurance Marketplace, they should receive, Form 1095-A "Health Insurance Marketplace Statement", which will help them to complete Form 8962.


Forms 1040 and 1040-A have been revised to: report health coverage in compliance with the individual mandate; enter individual shared responsibility payments; report advance payments of the premium tax credit that must be repaid; and claim the net premium tax credit (which is the excess of the allowed premium tax credit over advance credit payments).


Form 1040-EZ can be used to report health coverage and enter individual shared responsibility payments. However, it cannot be used to report advance payments or to claim the premium tax credit


Further information is available at: http://www.irs.gov/Affordable-Care-Act/Health-Care-Tax-Tips2.







This Newsletter is protected by copyright. Material appearing herein may be reproduced with appropriate credit.


This Newsletter is provided for information purposes by The Wagner Law Group to clients and others who may be interested in the subject matter, and may not be relied upon as specific legal advice.  This material is not to be construed as legal advice or legal opinions on specific facts. Under the Rules of the Supreme Judicial Court of Massachusetts, this material may be considered advertising.