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Internal Revenue Bulletin - August 11, 2014 - REG–104579–13
Internal Revenue Bulletin: 2014-33 August 11, 2014 REG–104579–13
Notice of Proposed Rulemaking by Cross-Reference to Temporary RegulationsRules Regarding the Health Insurance Premium Tax Credit
Background and Explanation of Provisions Proposed Effective Date
Comments and Requests for a Public Hearing Drafting Information
In the Rules and Regulations section of this issue the Bulletin, the IRS is issuing final and temporary regulations under section 36B of the Internal Revenue Code (Code) relating to the
health insurance premium tax credit. The regulations provide guidance to individuals who enroll in qualified health plans
through Affordable Insurance Exchanges (Exchanges) and claim the premium tax credit, and Exchanges that make qualified health
plans available to individuals and employers. The text of those temporary regulations also serves as the text of these proposed
Send submissions to: CC:PA:LPD:PR (REG–104579–13), Internal Revenue Service, POB 7604, Ben Franklin Station, Washington, DC
20044. Taxpayers also may submit comments electronically via the Federal eRulemaking Portal at www.regulations.gov (IRS REG–104579–13).
Concerning the proposed regulations, Arvind Ravichandran, (202) 317-4718; concerning submission of comments or to request
a hearing, Oluwafunmilayo Taylor, (202) 317-6901 (not toll-free numbers).
Background and Explanation of Provisions Final and temporary regulations in the Rules and Regulations section of this issue of the Bulletin amend the Income Tax Regulations (26 CFR Part 1) relating to section 36B and section 162(l) of the Code. The final and temporary
regulations provide guidance for individuals who enroll in qualified health plans through Affordable Insurance Exchanges (Exchanges)
and claim the premium tax credit, and Exchanges that make qualified health plans available to individuals and employers. The
text of those temporary regulations also serves as the text of these proposed regulations. The preamble to the final and temporary
regulations explains the amendments.
These regulations are proposed to apply for taxable years ending after December 31, 2013. See § 1.36B–1(o). Taxpayers must apply the final and temporary regulations until publication of final regulations.
7805(f) of the Code, this regulation has been submitted to the Chief Counsel for Advocacy of the Small Business Administration
for comment on its impact on small business.
Comments and Requests for a Public Hearing Before these proposed regulations are adopted as final regulations, consideration will be given to any comments that are submitted
timely to the IRS as prescribed in this preamble under “Addresses” heading. The IRS and the Treasury Department request comments
on all aspects of the proposed rules. All comments will be available at www.regulations.gov or upon request. A public hearing
will be scheduled if requested in writing by any person that timely submits written comments. If a public hearing is scheduled,
notice of the date, time, and place for the public hearing will be published in the Federal Register.
The principal authors of these regulations are Arvind Ravichandran, Shareen Pflanz and Steve Toomey of the Office of Associate
Chief Counsel (Income Tax & Accounting). However, other personnel from the IRS and the Treasury Department participated in
Par. 2. Section 1.36B–2 is amended by revising paragraphs (b)(2) and (c)(3)(v)(C), and adding paragraph (d) to read as follows:
§ 1.36B–2 Eligibility for premium tax credit.
(2) [The text of the proposed amendment to § 1.36B–2(b)(2) is the same as the text of § 1.36B–2T(b)(2) published elsewhere
(C) [The text of the proposed amendment to § 1.36B–2(c)(3)(v)(C) is the same as the text of § 1.36B–2T(c)(3)(v)(C) published
elsewhere in this issue of the Bulletin].
(d) [The text of the proposed amendment to § 1.36B–2(d) is the same as the text of § 1.36B–2T(d) published elsewhere in this
Par. 3. Section 1.36B–3 is amended by revising paragraph (g)(1) and adding paragraph (m) to read as follows:
§ 1.36B–3 Computing the premium assistance credit amount.
(1) [The text of the proposed amendment to § 1.36B–3(g)(1) is the same as the text of § 1.36B–3T(g)(1) published elsewhere
(m) [The text of the proposed amendment to § 1.36B–3(m) is the same as the text of § 1.36B–3T(m) published elsewhere in this
Par. 4. Section 1.36B–4 is amended by:
Revising paragraph (a)(1)(ii).
Adding paragraph (a)(3)(iii).
In paragraph (a)(4), revising Example 4 and adding Examples 10, 11, 12, 13, and 14.
Removing paragraph (b)(5).
Redesignating paragraph (b)(6) as paragraph (b)(5), and revising Example 9, and adding Example 10 to newly redesignated paragraph (b)(5).
§ 1.36B–4 Reconciling the premium tax credit with advance credit payments.
(ii) [The text of the proposed amendment to § 1.36B–4(a)(1)(ii) is the same as the text of § 1.36B–4T(a)(1)(ii) published
(iii) [The text of the proposed amendment to § 1.36B–4(a)(3)(iii) is the same as the text of § 1.36B–4T(a)(3)(iii) published
(4) [The text of the proposed amendment to § 1.36B–4, Example 4, Example 10, Example 11, Example 12, Example 13, and Example 14 of paragraph (a)(4) is the same as the text of § 1.36B–4T(a)(4), Example 4, Example 10, Example 11, Example 12, Example 13, and Example 14 published elsewhere in this issue of the Bulletin].
(3) [The text of the proposed amendment to § 1.36B–4(b)(3) is the same as the text of § 1.36B–4T(b)(3) published elsewhere
(4) [The text of the proposed amendment to § 1.36B–4(b)(4) is the same as the text of § 1.36B–4T(b)(4) published elsewhere
(5) Examples. * * *
[The text of the proposed amendment to § 1.36B–4, Example 9 and Example 10 of paragraph (b)(5) is the same as the text of § 1.36B–4T, Example 9 and Example 10 of paragraph (b)(5) published elsewhere in this issue of the Bulletin].
(c) [The text of the proposed amendment to § 1.36B–4(c) is the same as the text of § 1.36B–4T(c) published elsewhere in this
Par 5. Section 1.162(l)–1 is added to read as follows:
§ 1.162(l)–1. Deduction for health insurance costs of self-employed individuals.
[The text of the proposed amendment to § 1.162(l)–1(a) through (c) is the same as the text of § 1.162(l)–1T(a) through (c)
published elsewhere in this issue of the Bulletin].
(Filed by the Office of the Federal Register on July 24, 2014, 4:15 p.m., and published in the issue of the Federal Register
for July 28, 2014, 70 F.R. 43622)