Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

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.”

Sorry, comments are closed for this post.