Question

When assisting taxpayers in obtaining an ACA exemption, the tax professional should do which of the following first?

a) the tax professionial should first assist the taxpayer in obtaining a Marketplace exemption prior to assisting the taxpayer in claiming a tax return exemption.
b) the tax professional should first assist the taxpayer in claiming a tax return exemption prior to assisting the taxpayer in obtaining a Marketplace exemption.
c) the tax professional should first assist the taxpayer in obtaining minimum essential coverage prior to assisting the taxpayer in obtaining an ACA exemption.
d) none of these answers is correct. the taxpayer is required to obtain ACA exemption on their own.

Answer 1

The answer is C

Step-by-step explanation:

c) the tax professional should first assist the taxpayer in obtaining minimum essential coverage prior to assisting the taxpayer in obtaining an ACA exemption.

Answer 2

Answer and Explanation:

b) the tax professional should first assist the taxpayer in claiming a tax return exemption prior to assisting the taxpayer in obtaining a Marketplace exemption.