Slides from an Enroll America webinar on January 26, 2015. Join hosts Enroll America and Intuit TurboTax to hear about how taxes and health coverage are now more connected now than ever. With health coverage status affecting taxes for the first time this year and the close of the second open enrollment period (OE2) overlapping with the start of the tax filing season, enrollment stakeholders should seize the tax filing moment as another great venue to help consumers get covered and stay covered. Come learn about ways to leverage partnerships with tax-focused groups and get answers to your questions about the ways health coverage relates to tax filing. This webinar is appropriate for enrollment stakeholders working on outreach and enrollment.
1. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
Click to edit master
title style.
Successfully Navigating the Tax
Filing Moment
January 26, 2015
2. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
Agenda
I. Welcome
Zachary Baron (moderator), Senior Policy
Analyst in the Best Practices Institute, Enroll
America
II. ACA Tax Issues
& How TurboTax
Can Help
Lisa Greene-Lewis, CPA, TurboTax Blog
Editor
III. Practical
Advice for Tax
Preparation
Partnerships
Cheryl OâDonnell, Arizona State Director,
Enroll America
IV. A Successful
Model in Texas
Elizabeth Colvin, Director of Insure Central
Texas, Foundation Communities
V. Q&A
Submit your questions at any time
using the chat box.
3. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
Why is the Tax Filing Moment
Unique?
â˘âŻ New opportunities to raise awareness
about coverage (and challenges)
â˘âŻ Powerful window to highlight financial
help
â˘âŻ Helps capitalize on the real impact of
the fine to motivate consumers to take
action
4. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
Mentioning the Fine Amount
â˘âŻ Our research shows consumers
underestimate the fine
â˘âŻ More than 85% didnât know it
could exceed $300
â˘âŻ BUT explicitly mentioning the
amount changes the story
5. Intuit Confidential and Proprietary
ACA Tax Issues and How TurboTax Can Help
Lisa Greene-Lewis CPA and Tax Expert for TurboTaxÂŽ
January 26, 2015
6. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015Intuit Confidential and Proprietary
â˘âŻInformation about how the ACA will affect taxes
â˘âŻOptions for finding financial assistance
to purchase health insurance
TurboTax and Enroll America
Partnership
7. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015Intuit Confidential and Proprietary
â˘âŻ New Reporting Requirement on Taxes
â˘âŻ 1095-A Form
â˘âŻ Advance Premium Tax Credit
â˘âŻ Penalties
â˘âŻ Exemptions
Whatâs New About Filing Taxes This Year?
8. Intuit Confidential and Proprietary
How TurboTax Helps You Easily Report Your Health Insurance on Your Taxes
9. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015Intuit Confidential and Proprietary
â˘âŻFor the almost 9 out of 10 Americans who were already
insured in 2014, reporting health care will be as simple
as checking a box.
Insured
10. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015Intuit Confidential and Proprietary
â˘âŻ Customers are not charged to file forms related to ACA
â˘âŻ Reporting Marketplace insurance and premium tax credits
is simple
Marketplace Insurance
11. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015Intuit Confidential and Proprietary
â˘âŻ More than half of the estimated 40 million Americans who
are uninsured may be exempt from the penalty
â˘âŻ 30 plus exemptions
People Who Are Exempt
12. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015Intuit Confidential and Proprietary
â˘âŻ The penalty in 2014 is $95 per adult and $47.50 per child or
about 1% of household income.
â˘âŻ TurboTax connects people to health insurance resources to
help reduce penalties.
Uninsured Americans
14. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
III. PRACTICAL ADVICE FOR TAX
PREPARATION PARTNERSHIPS
Cheryl OâDonnell, Arizona State Director, Enroll America
15. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
Get Covered America Campaign
Get Covered America campaign conducts
grassroots organizing and consumer outreach
and education across Arizona
16. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
Added Value of Tax Preparation
Partnerships
â˘âŻ Amplify the message that financial help is available
â˘âŻ Ensure enrollees receive the appropriate amount of
financial help
â˘âŻ Explain the consequences of the fine and how to avoid
it
17. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
Working with VITA Programs
â˘âŻ Engage consumers at
VITA sites
â˘âŻ Leverage âvirtual/
valetâ services
â˘âŻ Invite VITA to your
enrollment events
18. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
Working with Commercial Tax
Preparation Organizations
â˘âŻ Engage consumers
onsite
â˘âŻ Assist w/ Medicaid or
gap population
â˘âŻ Provide SHOP outreach
and employee education
19. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
Additional Tax-Related
Resources
â˘âŻ Other Free Tax Preparation
â˘âŻ AARP Tax Aide Program
â˘âŻ Dealing with Tax Disputes
â˘âŻ IRS Taxpayer Advocate Office
â˘âŻ Low-Income Taxpayer Clinics
20. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
Cheryl OâDonnell
Arizona State Director
Enroll America
codonnell@enrollamerica.org
21. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
IV. A SUCCESSFUL MODEL IN
TEXAS
Elizabeth Colvin, Director of Insure Central Texas,
Foundation Communities
22.
23. ACA Year One
16,000 enrollment assists
5,900 individuals enrolled in QHPs
94% qualified for PTC
Insure Central Texas assisted 1 out of 11 Travis County
(Austin) residents who enrolled in Marketplace plans.
25. ACA Enrollment,
Free Tax Preparation
(VITA) & Financial
Coaching
Â
Common Goal:
Improve Financial
Stability
26. ACA Enrollment & Tax Preparation
Program Intersections
Â
ĂźďźâŻ Overlapping
 cons/tuencies
Â
ĂźďźâŻ Overlapping
 calendar
Â
ĂźďźâŻ Similar
 infrastructure
 needs
Â
ĂźďźâŻ Access
 to
 tax/ACA
 exper/se
Â
ĂźďźâŻ Just-Ââin-Ââ/me
 educa/on
 +
 assistance
Â
27. Combined Outreach & Education
Â
ĂźďźâŻ Flyer
 distribu/on
Â
ĂźďźâŻ Press
 advisories
 on
 impact
 of
 ACA
 on
 2014
 tax
 returns
Â
ĂźďźâŻ Community
 CoďŹees
Â
Â
What
 you
 need
 to
 know
 about
 TAXES
 and
 the
 AďŹordable
 Care
 Act
Â
For
 Community
 Leaders,
 NonproďŹts,
 and
 Service
 Providers
Â
Â
Founda/on
 Communi/es
 oďŹers
 free
 tax
 prepara/on
 and
 health
Â
Â
insurance
 enrollment
 7
 days
 a
 week
 to
 serve
 the
 community.
Â
Â
Â
Join
 us
 for
 coďŹee
 and
 learn
 what
 is
 new
 with
 taxes
 and
 the
 AďŹordable
 Care
 Act,
Â
Â
Â
how
 the
 penalty
 works,
 and
 how
 you
 can
 connect
 your
 clients
 to
Â
 Founda/on
 Communi/esâ
 free
 services.
Â
Â
Â
Where:
Â
Â
 Highland
 Mall
 (6001
 Airport
 Blvd)
Â
When:
Â
Â
Â
 January
 20
 from
 8:45am
 to
 9:45am
Â
Â
Â
28. Tax Training for Enrollment Assisters
Â
ĂźďźâŻ Applicantâs
 Filing
 Status
Â
â˘âŻ Married
 Filing
 Separate
 and
 excep/ons
Â
ĂźďźâŻ Applicantâs
 Tax
 Household
Â
â˘âŻ Who
 can
 be
 claimed
 as
 a
 dependent
Â
ĂźďźâŻ Household
 Income
Â
â˘âŻ Understanding
 Schedule
 C
Â
ĂźďźâŻ Tax
 Planning
 for
 2015
Â
â˘âŻ Household
 size
Â
â˘âŻ Income/Expenses
Â
29. Partnerships
Â
ĂźďźâŻ CPAs
 /
 Tax
 Preparers
Â
ĂźďźâŻ Community
 Clinics
Â
ĂźďźâŻ Health-Ââoriented
 nonproďŹts
Â
ĂźďźâŻ Health
 access
 programs
Â
ĂźďźâŻ Hospitals
Â
30. Uninsured single mother: 21 years old and $20,000/yr
Paid $95 penalty on 2014 tax return.
Referral from
Tax Preparer
Purchased insurance for 2015 @ $24/mo = $288/yr
Has comprehensive health insurance + avoids $325 penalty
31. Elizabeth
 Colvin
Â
Director,
 Insure
 Central
 Texas
Â
A
 program
 of
 Founda/on
 Communi/es
Â
Elizabeth.Colvin@foundcom.org
Â
512.554.4409
Â
Â
Â
Â
Â
Â
Â
Â
32. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
Answers to Tax Questions
â˘âŻ 1095-A issues?
â˘âŻ Exemption issues?
â˘âŻ Tax filing issues?
Marketplace Call Center
Tax prep organizations,
Marketplace Call Center,
or in-person assisters
Tax prep organizations
33. Š 2015 Enroll America and Get Covered America
EnrollAmerica.org | GetCoveredAmerica.org 01-26-2015
V. QUESTIONS?