IRS IG Audit Report – Affordable Care Act

Affordable Care Act: Accuracy of Responses to Exchange Requests for Income and Family Size Verification Information and Maximum Advance Premium Tax Credit Calculation. July 3, 2014, Reference Number: 2014-43-044.

“As of March 31, 2014, the IRS received more than 27 million IFSV [Income and Family Size Verification] information requests and more than 11 million APTC requests. Our review of the IRS’s response to 101,018 IFSV requests received by the IRS between October 1 and October 4, 2013, showed that the IRS, based on the information furnished by the Exchange, provided accurate responses for 100,985 (99.97 percent) of the 101,018 requests.”

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